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Pepeu
Pepeu L., 65, is married with 5 children. She has many years of experience in the german buns and pork buns business. She sells to the local school and villagers 5 days per week. She has four previous loan(s) with SPBD. She expects her weekly net cash flow to be 380 Tala (~158 USD).


SPBD loans are Pepeu’s only access to capital because she was never able to qualify for a loan with the traditional banks. The loan money will also be used for home repair to buy cement, timber and iron roofing. She has children who are working and help her out.

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
  • 8
    View loans »
    Samoa Loans Fundraising
  • $6,875,350
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Pepeu to ingredients such as flour, yeast, drippings, and meats for the business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 13, 2008
Listed
Jul 30, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009