Check out some available loans that are similar to this one!
Peleiupu
Peleuipu is married with two children. The whole family is living together with Peleiupu's parents-in-law, who are very old. Life is hard for them considering that the whole extended family relies on the meagre income of her husband. When she got to know about the SPBD microfinance program, she thought of the idea of starting a small business to help her husband earn a living. Her first loan from SPBD was used to set up a pancakes and chips business. She sold them to the nearby village school. Later on she discovered that there is great demand for her products on Sunday evenings when most of the households are gathered together for family dinners. Her initial success has given her the confidence to expand her new business by buying a bigger stove and additional stock to be used for her pancakes and chips 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.

About Samoa

  • $5,200
    Average annual income
  • 137
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Peleiupu to purchase a new stove and additional stock for her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 15, 2007
Listed
May 31, 2007
Currency Exchange Loss:
N/A
Ended:
Jul 14, 2008