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Faalata
Faalata is 25 years old, single with no children. She runs a small business selling cabbages and tomatoes in her community. She has been in business for two years. Faalata has requested a loan to buy a rake, gloves, a wheelbarrow and water hose for her business. She joined SPBD in 2012 to gain access to capital. With her earnings, Faalata will save her profit to help with her family expenses.

Additional Information

About SPBD

South Pacific Business Development (SPBD) improves conditions for families living in poverty by providing accessible credit, training, and guidance to help them start, grow and maintain micro-businesses, build assets, finance home improvements, and afford to educate their children. 99% of SPBD’s loans go to women, who can borrow in groups to guarantee one another rather than put up collateral.

About Samoa

  • $6,344
    Average annual income
  • 98
    View loans »
    Samoa Loans Fundraising
  • $7,153,100
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Faalata to buy a rake, gloves, a wheelbarrow and water hose for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013