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Sofia
Sofia is thirty-three years old and married with no children. She owns and operates a small store that sells items such as sugar, flour, soft drinks, alcohol, and frozen products. She has been doing this for many years. Sofia needs a loan to buy chicken, sausages, mutton flaps, soft drinks, cigarettes, snacks, milk, noodles, mosquito coils, cooking oil and laundry soap. She hopes to use her profits to improve and extend her business. She became a member of SPBD in 2014 to gain access to capital for her business.

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

  • $6,344
    Average annual income
  • 0
    View loans »
    Samoa Loans Fundraising
  • $6,976,550
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Sofia to buy chicken, sausages, mutton flaps, soft drinks, cigarettes, snacks, milk, noodles, mosquito coils, cooking oil and laundry soap.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2014
Listed
Feb 25, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2014