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Molita
Molita is a 32 woman who is married with 3 children. She has a small business, painting and printing of clothes, banner and signboards. She has 3 years with this business. Molita needs a loan to buy paintings, fabrics, elei boards, spray paint, plywoods and materials. She will use her profits to expand her business and to save for her childrens education. Molita joined SPBD in April this year 2013 to gain access to financial services.

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

  • $5,200
    Average annual income
  • 132
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Molita to buy paintings,fabrics, elei boards, spray paint, plywoods, new sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2013
Listed
May 23, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014