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Penina
Penina is 27 years old and single with no children. She wants to start a small business making and selling pancakes in her community. To do this, she needs a loan to buy bags of flour, sugar, oil, tongs, spoons, plastic bags etc. In the future, Penina hopes to extend her business. She joined SPBD in 2012 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

  • $5,200
    Average annual income
  • 106
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Penina to buy bags of flour, sugar, vegetable oil, tongs, spoons, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014