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Elisapeta
Elisapeta N., 48, is married with six children. A very energetic mother working hard to support her family, she is supporting her husband, children and as well as her husband's parents. She has many years of experience in the Plantation/ Samoan Bread business. She sells to the general public/villages 3 days per week. She has 4 previous loans with SPBD. She expects her weekly net cash flow to be 650 Tala (~$270 USD). SPBD loans are Elisapeta’s only access to capital because she was never able to qualify for a loan with the traditional banks. Part of her loan will be used for her son's school fees.

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
  • $7,121,475
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Elisapeta elisapeta would like to purchase pesticides and chemicals for her plantation and ingredients for her Samoan Bread business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 13, 2008
Listed
Jul 25, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009