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Koreti
Koreti is 54 years old and married with 5 children. She runs a small business selling popcorn and banana chips in her community and has been doing this for many years. Koreti has requested a loan to buy popcorn, oil, salt, and bananas for chips. She joined SPBD in 2007 to gain access to capital. With her earnings, Koreti will extend her house.

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
  • 137
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Koreti to buy popcorn, oil, salt, and bananas for chips.
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:
Sep 22, 2014