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Luisa
Luisa F., 29, is married and has 3 children. For 3 years, she has had a farm growing vegetables. She sells vegetables to the villagers 3 days a week. She expects to make a profit of 250 Tala (about 104 USD) per week.

The is Luisa's first loan request. SPBD loans are Luisa’s only access to capital because she was never able to qualify for a loan with the traditional banks. Luisa plans to use the loan to buy equipment and supplies for 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
  • 7
    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 $325 helped Luisa purchase seeds, barbed wire, nails, chemical, and knives.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 23, 2008
Listed
Aug 5, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009