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Soo
Soo is 64 years old and married with 11 children. She wants to start a small business making and selling cookies in her community. To do this, she needs a loan to buy flour, sugar, yeast, oil, etc. In the future, Soo hopes to extend her business for the betterment of her family. 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
  • 10
    View loans »
    Samoa Loans Fundraising
  • $6,970,875
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Soo to buy flour, sugar, cooking oil, yeast.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2014