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Galo
Galo S., 23, is married with children. She has many years of experience in the groceries business. She sells to the villagers/public 7 days per week. She has had 4 previous loans with SPBD. She expects her weekly net cash flow to be 400 Tala (approximately $166 USD). SPBD loans are Gogo’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

  • $6,344
    Average annual income
  • 147
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Galo purchase sacks of rice, flour, sugar, snacks and 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