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Maletina
Maletina I., 58, is married with 10 children. She has many years of experience in the pancake business. She sells to villagers and general public 7 days per week. She has had 4 previous loans with SPBD. She expects her weekly net cash flow to be 500 Tala (approximately 208 USD). SPBD loans are Maletina's only access to capital because she was never able to qualify for a loan with the traditional banks. Part of her loan will be used for renovating her house, to purchase timber, sacks of cement, and iron roofing. Her pancake business is very famous around her area due to her secret recipes.

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 $1,025 helped Maletina to purchase a frying pan, sack of sugar, sack of flour and cooking oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 6, 2009
Listed
Dec 1, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010