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Vaitoelau
Vaitoelau is 46 years old and married with six children. She wants to start a small business making and selling pancakes in her community. To do this, she needs a loan to buy everything she will need to start her business. In the future, Vaitoelau hopes to expand her business and to have more money in her savings account. She joined SPBD this year 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
  • 20
    View loans »
    Samoa Loans Fundraising
  • $7,474,650
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Vaitoelau to buy flour, cooking oil, yeast, deep-frying pan, etc. for her food stall business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013