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Melea
Melea P., 23, is single with children. She has 2 year(s) of experience in the Flea Market business. She sells to the villagers 7 days per week. She has previous loan(s) with SPBD. She expects her weekly net cash flow to be 200 Tala (~83 USD). SPBD loans are Melea’s only access to capital because she was never able to qualify for a loan with the traditional banks. A single female from a family of 2 brothers and 1 sister.

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
  • 154
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.5
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Melea purchase fruits and vegetables from the market, and also seeds to start planting for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 2, 2008
Listed
Jun 17, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009