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Malama
Malama is a 23-year-old divorced woman with two children. She makes and sells ice-cakes in her community to earn a living. She has one year of experience with this business. Malama needs a loan to buy bag of sugar, a plastic cup and some Chinese lollies (candy). She plans to use her profits to support her family. Malama became a member of SPBD in 2013.

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.

Tags

About Samoa

  • $6,344
    Average annual income
  • 8
    View loans »
    Samoa Loans Fundraising
  • $6,970,875
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Malama to buy bags of sugar, plastic cups and chinese lollies (candy) for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014