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Akenese
Akenese is a solo mother of one child. She sells her crops from her plantation in order to get extra income and her relatives assist her with the plantation business. She has just joined the SPBD program in order to gain access to financial assistance, which is available from traditional banks. With the loan, she will purchase a mist blower, chemicals, knife sharpener, bush knives, spades, shovels and digging tools. With the profits she will get from her business, Akenese will improve her family's living standards and reinvest part of her profit back to her business.

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

  • $6,344
    Average annual income
  • 147
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Akenese to purchase a mist blower, chemicals, knife sharpener, bush knives, spades, shovels and digging tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2014
Listed
Jun 17, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015