A loan of $600 helped to purchase raw materials to make additional handicrafts.

Luisa's story

Luisa K. is 19 and single with one child. She owns a business, selling fabric handicrafts to tourists and local community members. Luisa has three years of experience in this business. Luisa needs a loan of WST $1500 to purchase raw materials to make additional handicrafts. She plans to use the earnings from her business (estimated to be 500 talas or US $208 per week) to improve and expand the business.

In 2009, Luisa joined SPBD, and this is her secnd loan with SPBD. SPBD's loans are Luisa '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.

Loan details

Lenders and lending teams

Loan details