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Loine
Loine F., age 37, is married and has four children. She has many years of experience selling fresh fish. She sells to the villagers and public two days per week.

She has has three previous loans from SPBD. She expects her weekly net cash flow to be 500 Tala (~208 USD). SPBD loans are Loine’s only access to capital because she has never been able to qualify for a loan from the traditional banks. All of her loan will be used to maintain the good standards of her 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
  • 123
    View loans »
    Samoa Loans Fundraising
  • $7,557,575
    Funds lent in using Kiva
  • 2.9
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Loine purchase a new canoe and fishing equipment, such as goggles, spear and a torch.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2009
Listed
May 1, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010