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Luasefulutasi
Luasefulutasi F., 26, is single with no children.

She has three years of experience in the fishing business. She sells to the public three days per week.

She has 2 previous loans with SPBD. She expects her weekly net cash flow to be 300 Tala (~$125 USD).

SPBD loans are Luasefulutasi’s only access to capital because she was never able to qualify for a loan with the traditional banks. The loan will be used for the business and for home improvement.

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
  • 146
    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 $725 helped Luasefulutasi purchase a canoe, fishing net and more things needed for fishing.
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