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Pele
Pele P., 45, is married with 5 children. She has 4 years of experience in the Bingo business. She sells games to the villagers 5 days per week. Her husband is unemployed but does fishing to support the family.

Pele has had 4 previous loans with SPBD. She expects her weekly net cash flow to be 600 Tala (about $US250). SPBD loans are Pele’s only access to capital because she has not been able to qualify for a loan with the traditional banks. The entire loan will be used for her business.

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
  • 123
    View loans »
    Samoa Loans Fundraising
  • $7,121,475
    Funds lent in using Kiva
  • 2.5
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Pele to purchase prizes such as washing powder, soaps, milk, mosquito coils, and noodles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 8, 2008
Listed
May 20, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009