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Taumaloto
Taumaloto is 61 years old and married with 10 children. She wants to start a small business making and selling pancakes in her community. To do this, she needs a loan to buy flour, oil, sugar, a frying pan, baking powder and a stove. In the future, Taumaloto hopes to continue to do business. She joined SPBD in 2010 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

  • $6,344
    Average annual income
  • 16
    View loans »
    Samoa Loans Fundraising
  • $6,970,875
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Taumaloto to open a pancake business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013