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Logotaeao
Logotaeao is a 36 year old married woman with 3 children. She sells pancakes to the people in her village and school kids, and has been doing this for 2 years. Logotaeao has requested a loan to buy sacks of flour,sugar, cooking oil, baking powder, 2 large frying pans, gas stove, gas, and also needs to pay shool fees for her kids. She joined SPBD in 2013 to gain access to capital. With her earnings, Logotaeo will be able to provide necessities for her family's daily needs.

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.

Tags

About Samoa

  • $6,344
    Average annual income
  • 13
    View loans »
    Samoa Loans Fundraising
  • $6,875,350
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,050 helped Logotaeao to buy sacks of flour,sugar, cooking oil, baking powder, 2 large frying pans, gas stove, gas, shool fees.and ingredients for making her bakery.
90% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2014
Listed
Mar 26, 2014
Currency Exchange Loss:
Possible