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Taisisi
Taisisi M., 58, is married with six children and lives in the Vaitele area of Upolu Island, Samoa. She has many years of experience in the flea market business, selling clothing to the general public and villagers 5 days per week.

Taisisi has had a previous loan with SPBD. She expects her weekly net cash flow to be about 450 Tala ($187 US). SPBD loans are Taisisi’s only access to capital because she has not been able to qualify for a loan with the traditional banks. She will use this new loan for purchase clothing and handicrafts for resale.

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
  • 96
    View loans »
    Samoa Loans Fundraising
  • $7,153,100
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Taisisi purchase inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 15, 2008
Listed
Sep 1, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009