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Faanimo
Faanimo is 52 years old and married with 8 children. She runs a small business selling ice-cake in her community, and she has been doing this for 3 years. Faanimo has requested a loan to buy ingredients needed for making her ice-cakes. She joined SPBD in 2012 to gain access to capital. With her earnings, Faanimo will improve her business.

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
  • 134
    View loans »
    Samoa Loans Fundraising
  • $7,121,475
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Faanimo to buy sugar, foam cups, flavorings, and a new freezer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2014