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Feeonuu
Feeonuu W., 34, is married and has 5 children. She has been running a general store for 5 years. Her store is open 7 days a week to sell food to the villagers.

Feeonuu is an experienced business woman, and she is fully committed to her business. Her store provides the major financial support for her family. She expects her weekly profit will be 540 Tala (about 225 USD).

She is requesting a loan to purchase a freezer for her store, and food items to sell, such as sugar, rice, salt, lamb chops and chicken thighs to sell and increase her profits. She has repaid 1 previous loan from SPBD. SPBD loans are Feeonuu’s only access to capital because she was never able to qualify for a loan with the traditional banks.

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

  • $5,200
    Average annual income
  • 123
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Feeonuu purchase a freezer; sacks of sugar, rice, and salt; cases of lamp chops and chicken thighs to sell in general store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 25, 2008
Listed
Aug 5, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009