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Ulufale
Ulufale is 41 years old and unwed with 3 children. She owns and operates a small store selling a variety of items. She has been doing this for 2 years. Ulufale needs a loan to buy a new display fridge, a chest freezer, snacks, frozen goods, canned food, a sack of onions and a new hanging scale. She hopes to use her profits to pay for her children's education. She became a member of SPBD this year to gain access to capital for 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.

Tags

About Samoa

  • $6,344
    Average annual income
  • 6
    View loans »
    Samoa Loans Fundraising
  • $7,104,975
    Funds lent in using Kiva
  • 2.3
    Samoa Tala (WST) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $450 helped Ulufale to buy a new display fridge, a chest freezer, snacks, frozen goods, canned food, a sack of onions and a new hanging scale.
77% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2014
Listed
Jul 29, 2014
Currency Exchange Loss:
Possible