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Salaevalu
Salaevalu is thirty-five years old and has five children. Keeping up with the school fees for all of her children is a struggle that she doesn’t always win. She used two previous loans from SPBD to launch her flea market stall where she sells traditional Samoan handicrafts to locals and tourists. While her business is going well, she still needs to increase her sales to be able to give all her children the education she feels that they deserve. Thus, having repaid the first two loans, she is seeking a third to expand her product line and increase her inventories.

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
  • 80
    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 Salaevalu to purchase traditional Samoan crafts from local artisans to re-sell at her flea market stall.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 11, 2007
Listed
May 24, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2009