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Alesi
Several years ago, Alesi secured a ST 750 (approximately USD 300) loan from SPBD and used it to open up her small village store. Alesi has continued to use SPBD loans to expand the supply and variety of goods available to her local customers.
With a strong history of repayment, Alesi now qualifies for a fourth loan, and she will use these funds to get closer to her dream of owning a fully-stocked grocery and starting up a bakery to sell her home-baked goods. Alesi says that without the income from her business, she, her husband and their three children could never make ends meet. Alesi hopes that with the next loan, she can increase her shop sales enough to be able to save weekly for her children’s school fees and supplies.

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.

About Samoa

  • $5,200
    Average annual income
  • 67
    View loans »
    Samoa Loans Fundraising
  • $7,683,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Alesi buy supplies to stock her shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 20, 2007
Listed
Apr 6, 2007
Currency Exchange Loss:
N/A
Ended:
Feb 2, 2009