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Matalena
Matalena is 27 years old, married, and has two children. She wants to start a small business making and selling ice cake in her community. To do this, she is requesting a loan, which she will use to buy foam cups, sacks of sugar,cordials,. In the future, Matalena hopes to save her profits for her children's education and betterment of her family. She joined SPBD in 2012 to gain access to financial services.

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
  • 123
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Matalena foam cups, sugar, cordials,.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013