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Faavae
Faavae is a 40-year-old woman who is married with three children. She runs a small taxi business to earn a living. Faavae needs a loan to buy four new tyres for her taxi. She will use her profits to support her family. Faavae 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

  • $6,344
    Average annual income
  • 9
    View loans »
    Samoa Loans Fundraising
  • $7,111,575
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Faavae to buy four new tyres for her taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Jan 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014