Total loan: $875
Alaoa, Tuamasaga, Samoa / Agriculture
Selepa's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to invest in expanding the business.
Selepa F. is 40 and married with 5 children (ages 4 - 18). She owns a business venture, planting & harvesting cocoa for sale. Selepa has 4 years of experience in this business. Selepa needs a loan of WST $2250 to invest in expanding the business. She plans to use the earnings from her business (estimated to be 300 talas or US $125 per week) to financially support extended members of her family. In 2006, Selepa joined SPBD. This is her 6th loan with SPBD. SPBD's loans are Selepa's only access to capital because she was never able to qualify for a loan with traditional banks. About SPBD In 2000, Greg Casagrande founded SPBD and since then, it has expanded from the main island of Upolu in Samoa to Savaii, as well as Tonga. SPBD's philosophy of lending is based upon the Grameen Bank lending method. Please join SPBD's lending team on KIVA to receive on-the-spot updates on SPBD: http://www.kiva.org/community/viewTeam?team_id=8375