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Valasi
Valasi is a 59-year-old married woman with ten children. She sells taro, bananas and yams in her community to earn a living. She has three years of experience with this business. Valasi needs a loan to buy new chemicals, knives, an ax, a chainsaw, a wheelbarrow, etc., for her business. She plans to use her profits to expand her house. Valasi has been a member of SPBD since 2008.

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
  • 137
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Valasi to buy a chainsaw, knapsack sprayer, ax, knives, wheelbarrow, etc., for her business.
100% repaid
Repayment Term
53 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015