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Easter
Easter is a 23-year-old single woman with one child. She bakes and sells cookies, biscuits and pies in her community to earn a living. She has four years of experience with this business.

Easter needs a loan to buy sacks of flour, yeast, sugar, shopping bags, a gas oven, cooking pans, etc. She plans to use her profits to extend her business and to support her family financially.

Easter has been a member of SPBD since 2012.

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
  • 106
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $4,350 helped Easter to buy sacks of flour, yeast, sugar, shopping bags, a gas oven, cooking pans, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2014
Listed
Jul 27, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015