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Fuamata
Fuamata used to own a small shop in her village, but she unfortunately had to close it. Now she needs additional income to support her family and believes that reorganizing and reinvesting in her shop is the means to raise her family’s standard of living. She joined SPBD to gain access to loan funds so that she pay renewal fees for the business license and re-open her doors with a full product line. Her husband and her children are all committed to making Fuamata’s venture work. She says that she can count on their help to keep the business in good condition.

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
  • 114
    View loans »
    Samoa Loans Fundraising
  • $7,709,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Fuamata to renew her business license and re-stock the shop.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 13, 2007
Listed
May 24, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2009