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Savalia
Savalia F. is 72 years old and married with eleven children. She has 5 years of experience running a general store. Her shop is open seven days a week to the public and local villagers.

Savalia has benefited from four previous successful SPBD (South Pacific Business Development) loans. She expects her weekly net cash flow to be 450 Tala (~$187 USD). SPBD loans are Legatasi's only access to capital, because she is not able to qualify for a traditional bank loan. She will use her loan to purchase a new freezer for her store, as well as buy sacks of sugar, rice, and salt, and cases of lamp chops and chicken thighs to sell.

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
  • 134
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.5
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Savalia to purchase a freezer for her general store and to increase her stock of food items to sell.
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