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Vasati
Vasati is 42 years old and married with 7 children. She has a small plantation where she grows taro and banana that she can sell in her community or at the market. She has been doing this for 3 years. Vasati needs a loan to purchase more farming tools and chemicals to expand her plantation. She has been a member of SBPD since 2010. Vasati will use the profits from her sales to save in account for a family faalavelave (a traditional Samoan celebration normally associated with funerals or weddings).

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
  • 122
    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 $900 helped Vasati to purchase more farming tools and chemicals (wheelbarrow, gloves, bush knives...).
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013