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Naite
Naite A., 43, is married with 6 children. She has many years of experience in making traditional fans and cava bowls. She sells to the village people 3 days per week. She has 4 previous loans with SPBD. She expects her weekly net cash flow to be 400 Tala (~166 USD).



SPBD loans are Naite's only access to capital because she was never able to qualify for a loan with the traditional banks. She needs the loan to buy the equipment used in her business. Her husband and children help out.

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
  • 109
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • 2.7
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Naite to assist her in buying materials and equipment used for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 20, 2008
Listed
Nov 1, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009