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Kapeneta
Kapeneta is a 41-year-old married woman with nine children. She runs a small business selling pancakes in her community and has been doing this for two years. Kapeneta has requested a loan to buy flour, sugar, eggs, baking powder, dripping oil and a large frying pan. She joined SPBD in 2010 to gain access to capital. With her earnings, Kapeneta will use her business profit to help her business and her family.

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.

Tags

About Samoa

  • $5,200
    Average annual income
  • 111
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Kapeneta to buy flour, sugar, eggs, baking powder, dripping oil and a large frying pan.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2014