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Sau
Sau is a proprietor who wants to expand her ice ckae business in order to earn enough money to allow her to send her children to school.

Ice cakes are very popular with young and old alike due to the warm climate of Samoa. She makes ice cakes and takes them directly to other shops to be sold. In addition, she sells convenience store items.

After all expenses, she makes $1,000 per week which she uses to provide for her family's needs, expand her business and provide for her children's schooling.

She is applying for a loan of $1,000 from SPDBF to enable her to purchase convenience store stock and building materials.

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
  • 154
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paid Back
A loan of $1,000 helped Sau to purchase snacks, soda & beer, cigarettes, milk, KoolAid, plastic cups, (HI) timber, cement nail, iron roofing, etc.
108% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 13, 2007
Listed
Mar 26, 2007
Currency Exchange Loss:
N/A
Ended:
Mar 31, 2008