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Faasalu
Faasalu is 32 years old and married with four children. She wants to start a small business of making and selling pork buns in her community. To do this, she needs a loan to buy a pot, bags of flour, soy sauce, onions and dripping oil.

In the future, Faasalu hopes to expand her business. She joined SPBD in 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

  • $6,344
    Average annual income
  • 9
    View loans »
    Samoa Loans Fundraising
  • $6,970,875
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Faasalu to buy a pot, bags of flour, soy sauce, onions and dripping oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Oct 2, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 22, 2014