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Koreti
Koreti is a 51-year-old mother of 3 children. She has had a plantation business for more than four years, and her husband and children help her with the harvesting and selling of the crops. Koreti plans to use this loan to purchase chemicals, a wheelbarrow, fertilizers, shovels, spades, bush knives, a mist blower and vegetable seeds. She also sells vegetables as another means of making more money. Koreti joined SPBD in 2009 to gain access to financial assistance. With the profits she was able to make from selling her produce, Koreti was able to improve her family's living standards.

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
  • 134
    View loans »
    Samoa Loans Fundraising
  • $7,121,475
    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 Koreti to purchase chemicals, a wheelbarrow, fertilizers, shovels, spades, bush knives, a mist blower and vegetable seeds.
86% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2014
Listed
Jun 17, 2014
Currency Exchange Loss:
Possible