A loan of $1,200 helped to purchase additional products to sell.

Peola's story

Peola P. is 34 and married with 4 children. She owns a business venture, selling a variety of different products in the local community. Peola has many years of experience in this business. Peola needs a loan of WST$2950 to purchase additional products to sell. She plans to use the earnings from her business (estimated to be 800 talas per week) to improve/expand her business.

This is her Peola's fourth loan with SPBD. SPBD's loans are Peola'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"

Loan details

Lenders and lending teams

Loan details