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Arasi
Arasi is a 32-year-old unwed woman with four children. She runs a small business selling pancakes in her community and has been doing this for two years. Arasi has requested a loan to buy a bag of flour, bag of sugar, a large basin, and a new oven. She joined SPBD in 2013 to gain access to capital. She will save her earnings in case of an emergency.

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
  • 95
    View loans »
    Samoa Loans Fundraising
  • $7,153,100
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $675 helped Arasi to buy a bag of flour, bag of sugar, a large basin, and a new oven.
84% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2014
Listed
Jun 5, 2014
Currency Exchange Loss:
Possible