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Ioana
Ioana T., 45, is married with 7 children. She has 4 years of experience in the taro business. She sells to the villagers and the public 2 days per week. She will use her loan to purchase a back sprayer and transportation fares for her business and items for home improvement, including a toilet set(bowl), cement, nails, and sand.

Ioana has had 1 previous loan with SPBD. She expects her weekly net cash flow to be 150 Tala (about $US62). SPBD loans are Ioana’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

  • $5,200
    Average annual income
  • 101
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • 2.5
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Ioana to invest in a taro business and home improvements.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 4, 2008
Listed
May 21, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009