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Matalena
Matalena is a 25 year old married woman with 3 children. She makes and sells ice cake and pop-corn in her community to earn a living. She has 3 years of experience with this business. Matalena needs a loan to buy a plastic cups,cordial, icebel, sack of sugar,pop corn and a deep freezer. She plans to use her profits to support her family. Matalena has been a member of SPBD since 2010.

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
  • 10
    View loans »
    Samoa Loans Fundraising
  • $7,111,575
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Matalena to buy plastic cups, cordial, icebel, sack of sugar, pop corn and a deep freezer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 23, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014