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Tuvalu
Tuvalu S., 38, is married with 7 children. She has many years of experience in the food business. She sells to families and at the public market 5 days a week. She has had 7 previous loans with SPBD. Tuvalu would like a loan to purchase a box of mutton flaps, chicken legs, sausages, potatoes, vegetables, fruit, a sack of sugar, rice, flour, salt, baking powder, a new stove, new Chinese pots and a teapot. She expects her weekly net cash flow to be 400 Tala (~166 USD). SPBD loans are Tuvalu's only access to capital because she does not qualify for a loan with the traditional banks. This loan will help her support her kids at school and keep her church commitments.

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
  • 141
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.7
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Tuvalu to purchase a box of mutton flaps, chicken legs, sausages, potatoes, vegetables, fruit, a sack of sugar, rice, flour, salt, baking powder, a new stove, new Chinese pots and a teapot.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 21, 2008
Listed
Nov 1, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009