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Rita
Rita F. is a 37 year old mother of three and currently a member of the Lalomanu Centre. Rita runs a beach resort which she set up in 2004 with financial assistance from the South Pacific Business Development. Rita was unemployed before she joined the program and depended on overseas families for her financial development. Rita earns $500-800 a week and caters to tourists that come to rural coastal areas to experience the Samoan way of life. Rita is looking forward to receive another loan from SPBD in order to assist her family financially.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Samoa

  • $6,344
    Average annual income
  • 21
    View loans »
    Samoa Loans Fundraising
  • $7,368,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paid Back
A loan of $850 helped Rita to build two additional beach cottages (fale) to expand her resort business.
108% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 11, 2007
Listed
Mar 27, 2007
Currency Exchange Loss:
N/A
Ended:
Mar 31, 2008