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Mareta
Mareta is a 64-year-old woman who is married with five children. She has a small flea market business to earn a living. She has 32 years with this business.

Mareta needs a loan to buy cava bowls, samoan tapa, samoan bangles, slippers, samoan shirts, samoan shorts, wooden carved designs and a large glass dispenser.

She will use her profits to expand her business and help with her family's weekly expenses.

Mareta joined SPBD in 2003 to gain access to financial services.

Additional Information

More information about this loan

This loan is part of SPBD's new SME (small and medium-sized enterprises) loan program. The goal is to serve the "missing middle," a group of borrowers that requires loan amounts too large for typical microfinance, but is still seen as too risky by commercial institutions. In addition to credit, SPBD also provides in-depth training to help entrepreneurs successfully scale their businesses.

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

  • $5,200
    Average annual income
  • 137
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD
Expired
A loan of $4,375 helped Mareta to buy cava bowls, samoan tapa, samoan bangles, slippers, samoan shirts, samoan shorts, wooden carved designs and a large glass dispenser.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2014
Listed
Jul 11, 2014
Currency Exchange Loss:
Possible
Expired:
Aug 10, 2014