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Goretti Bella
Goretti Bella is a 49-year-old married mother of two children. She has a small landscaping business. To earn extra income, she runs a lawn-mowing business. Goretti Bella needs a loan to buy five steel weed cutters, road cones, a mini tractor, safety boots, indicator vests, picks, shovels and rakes. She will use her profits to pay for her family's weekly expenses and help expand her business. Goretti Bella joined SPBD in 2012 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.

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About Samoa

  • $6,344
    Average annual income
  • 23
    View loans »
    Samoa Loans Fundraising
  • $7,365,125
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $4,375 helped Goretti Bella to buy five steel weed cutters, road cones, a mini tractor, safety boots, indicator vests, picks, shovels and rakes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2014
Listed
Jul 11, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015