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Sapasui's Group
In this Group: Sapasui, Filemu, Alalaimatuatala, Senerita
This group from Fatausi was started in April 2008 when Sapasui T., the group leader, heard the talk-back about microloans on the radio and spread the news to her neighbors. Their primary businesses are growing and selling taro and operating canteens. They work hard and they expect to pay off their first loan and get their second one.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guaranT. one another's loans. If one member does not repay, the other members are responsible.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Samoa

  • $6,344
    Average annual income
  • 177
    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 portion of Sapasui's Group's $1,225 loan helped a member purchase of chemicals, equipments, food, drinks and stock for their businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 28, 2008
Listed
Jun 26, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009