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Faamomoi
Faamomoi S., 45, is married with 4 children. She has 2 years of experience in the pork cake business. She sells to the general public/villagers 4 days per week.



She has 2 previous loans with SPBD. She expects her weekly net cash flow to be 250 Tala (~104 USD). SPBD loans are Faamomoi’s only access to capital because she was never able to qualify for a loan with the traditional banks. The loan will be used to buy materials needed for the 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

  • $6,344
    Average annual income
  • 8
    View loans »
    Samoa Loans Fundraising
  • $6,875,350
    Funds lent in using Kiva
  • 2.9
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Faamomoi buy sacks of flour, baking powder, soy sauce, yeast and large pots.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2009
Listed
Apr 6, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010