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Mamaioa
Mamaioa N. is 72 years old and married with ten children. She has many years of experience selling bananas and taro. She sells her fruits and vegetables in her village and to the public three days a week.

Mamaioa has benefited from three successful SPBD (South Pacific Business Development) loans. She expects her weekly net cash flow to be 400 Tala (~$166 USD). SPBD loans are Mamaioa's only access to capital, because she is not able to qualify for a traditional bank loan. She will use her loan to improve her banana- and taro-selling business by purchasing seeds and pesticides. Her husband will also help her to operate the 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.

About Samoa

  • $5,200
    Average annual income
  • 123
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.5
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Mamaioa to improve her banana- and taro-selling business by purchasing seeds and pesticides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 21, 2008
Listed
Oct 7, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009