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La
La E., 46, is married with 6 children. She has many years of experience in the chips business. She sells to relatives and the village community and also to friends 5 days per week. She has 1 previous loan with SPBD. She expects her weekly net cash flow to be 250 Tala (~104 USD).

SPBD loans are La’s only access to capital because she was never able to qualify for a loan with the traditional banks. The loan will assist her in operating her business. Her husband always assists her with this project.

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
  • 3
    View loans »
    Samoa Loans Fundraising
  • $6,976,550
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped La purchase bananas, plastic papers, salt.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 16, 2008
Listed
Sep 1, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009