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Faranisisi
Faranisisi N., 38, is married with 5 children. She has 4 years of experience in the barbeque business. She sells to the general public 5 days per week. Her husband is a taxi driver.

Faranisisi has had 4 previous loans with SPBD. She expects her weekly net cash flow to now be 350 Tala (about $US145). SPBD loans are Faranisisi’s only access to capital because she has not been able to qualify for a loan with the traditional banks.

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
  • 194
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.5
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Faranisisi to purchase iron roofing, timber, and nails to build a shelter for her business.
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