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Asai
Asai A. K., 46, is married with 6 children. She has 5 years of experience in the Food Stall business. She sells to the general public and villagers 5 days per week. Her husband and children help with the business. Asai expects her weekly net cash flow to be 150 Tala (about US $62).

Asai has had 6 previous loans with SPBD. These loans are her only access to capital because she has not been able to qualify for a loan with the traditional banks. Part of this loan will be used for the children's education and to pay for electricity and water.

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
  • 137
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.5
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Asai purchase more cooking equipment and ingredients.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 20, 2008
Listed
Jun 24, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009