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Malaea
Malaea is a 42-year-old woman who is married with five children.

She operates a small bingo business to assist her financially. She has been running this business for four years. Malaea needs a loan to buy more bingo packets and bottles to maintain her bingo operation and assist with her children's school fees and school uniforms.

She will use her profits to save some money in the bank for the family's needs. Malaea joined SPBD two years ago 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

  • $6,344
    Average annual income
  • 9
    View loans »
    Samoa Loans Fundraising
  • $6,875,350
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Malaea to buy more bingo packets and bottles and help pay for school fees and school uniforms.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014