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Lagise
Lagise S., 49, is married and has six children. She has four years of experience in the plantation business. She sells to the villagers and general public four days per week. She has had previous loans with SPBD. She expects her weekly net cash flow to be 650 Tala ($270 US). SPBD loans are Logise’s only access to capital because she has never been able to qualify for a loan with the traditional banks.

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

  • $6,344
    Average annual income
  • 134
    View loans »
    Samoa Loans Fundraising
  • $7,268,400
    Funds lent in using Kiva
  • 3.0
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Lagise purchase wheel barrow, chemicals, knives, electric saw.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2008
Listed
Jan 9, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010