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Lauaea
Lauaea is 19 years old and married with 1 child. She runs a small business selling pancakes in her community and has been doing this for 1 year. Lauaea has requested a loan to buy bags of flour, sugar, vegestable oil, tongs, spoons etc. She joined SPBD in 2012 to gain access to capital. With her earnings, Lauea plans to extend her business in the future.

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
  • 126
    View loans »
    Samoa Loans Fundraising
  • $7,121,475
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Lauaea to buy bags of flour, sugar, vegetable oil, tongs, spoons etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013