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Malu
Malu, 35, married, joined the SPBD microcredit programme in 2005, although she started her fishing business already five years ago. Her husband and two other boys from the same village are also involved in the business; however, Malu is the one who sells fish at the Savalalo Fish Market. Her last loan helped her very much - she was able to purchase a deep freezer and two gallons of coolers. With the help of an additional loan, she intends to buy more coolers to store more fish.

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
  • 106
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Malu to purchase four (4) additional coolers for storing fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 22, 2007
Listed
Mar 6, 2007
Currency Exchange Loss:
N/A
Ended:
Mar 22, 2008