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Malaeola
Malaeola is 30 years old and married with 2 children. She runs a small business selling fish, crabs, etc. in her community and has been doing this for many years.

She has requested a loan to buy fishing net, a fishing torch, fishing spears and fishing gear. She joined SPBD in 2013 to gain access to capital. With her earnings, Malaeola will save more money to purchase a vehicle in order for her to take her fish to the main market.

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
  • 124
    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 $450 helped Malaeola to buy fishing net, a fishing torch, fishing spears and fishing gear.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2013
Listed
Nov 27, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2014