A loan of $400 helped to purchase new equipment & tools to expand the business.

Lili's story

Lili T. is 37 and married with 2 children (ages 6 and 9). She owns & operates a business venture, selling food stuffs and other goods. She has 3 years of experience in this business. Lili needs a loan of WST $1000 to purchase new equipment & tools to expand the business. She plans to use the earnings from her business (estimated to be 260 talas or US $108 per week) to make improvements to her house.

In 2007, Lili joined SPBD to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks, because they lack collateral. This is Lili's 3rd loan with SPBD.

Overall Social Metric Score for Lili T.:* 1.4 out of 3
Level of Education: 1.2 out of 3
Level of total Household Income: 1.4 out of 3
Quality of Household Assets: 1.4 out of 3

*SPBD measures the living conditions of each of its borrowers to track her loan progress. The overall social metric score, provided by SPBD, is based upon a number of factors, such as the condition of the house/household assets, health, education, income level, and family reputation. A higher number represents a higher score. For example, a ""3 out of 3"" on education would mean that the borrower has graduated from university; a ""2 out of 3"" = secondary/high-school, and a ""1 out of 3"" would mean that the borrower is uneducated.

For more information on this score, please see SPBD's partner page at: http://partners.kiva.org/about/aboutPartner?id=15

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

Loan details

Lenders and lending teams

Loan details