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Faamita
Faamita is 22 years old and married with one child. She wants to start a small business making and selling Elei (fabric printing) materials in her community. To do this, she needs a loan to buy materials, paints, stencils, boards, etc. In the future, Faamita hopes to save for her child's future and to improve her business. She joined SPBD to gain access to financial services.

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
  • 124
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Faamita to buy materials, paints, design board, and stencils.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014