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Sootino
Sootino F., 33, is single with no children. She has many years of experience in the grocery business. She sells to the village community district 6 days per week. She has had 3 previous loans with SPBD. She expects her weekly net cash flow to be $187 USD. SPBD loans are Sootino’s only access to capital because she was never able to qualify for a loan with the traditional banks. Part of the profits will be used to pay children's education fees. Sootino is a single woman but she contributes to the needs of all the children in her extended family .

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
  • 23
    View loans »
    Samoa Loans Fundraising
  • $6,856,575
    Funds lent in using Kiva
  • 2.5
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Sootino the loan will be used for purchasing sack s of flour, boxes of cooking oil,sacks of rice,sacks of baking powder,boxes of deodorant and canned fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 11, 2008
Listed
Jun 13, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009