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Luaupu
Luaupu F., 30, is married with four children. She has four years of experience in the bingo business. She sells to the general public/villagers three days per week. She has had three previous loans with SPBD, Kiva's partner. She expects her weekly net cash flow to be 750 Tala (about $312).


SPBD loans are Luaupu’s only access to capital because she was never able to qualify for a loan with the traditional banks. Her loan will help pay her children's school fees because the business is running well and it is generating enough income for her family to survive on.

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
  • 124
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 3.1
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Luaupu to pay her children's school fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2009
Listed
Mar 6, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010