Check out some available loans that are similar to this one!
Aleta
Aleta is 44 years old and married with one child. She has a large cattle farm and to earn extra income she also runs a taxi service. She has been doing this for eight years. Aleta needs a loan to buy four young calves, barbed wire and iron poles, and also four new tires and a new paint job for her taxi. She has been a member of SPBD since 2006. Aleta will use the profits from her sales to pay for her family's weekly expenses and help with the renovation of her house.

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

  • $6,344
    Average annual income
  • 17
    View loans »
    Samoa Loans Fundraising
  • $6,875,350
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $4,375 helped Aleta to buy four young calves, barbed wire and iron poles, and also four new tires and a new paint job for her taxi.
61% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2014
Listed
Jul 12, 2014
Currency Exchange Loss:
Possible