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Faalo
Faalo is 23 years old and married with two children. She runs a small business selling pancakes in her community and has been doing this for three years.

Faalo has requested a loan to buy baking powder, sugar, cooking oil, pots, a frying pan and plates. She joined SPBD in 2011 to gain access to capital. With her earnings, Faalo hopes to secure a better future for her children.

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
  • 34
    View loans »
    Samoa Loans Fundraising
  • $6,885,075
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Faalo to buy baking powder, sugar, cooking oil, pots, a frying pan, and plates.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014