A loan of $400 helped to buy flour, flavoring, sugar, and plastic bags.


Theresa's story

Theresa A. is 32 and married with 4 children. She owns a business venture, selling pancakes (fried flour pancakes flavored with lemon or coconut jam). Theresa A. has 1 year of experience in this business. Theresa A. needs a loan of WST$1000 to buy flour, flavoring, sugar, and plastic bags. She plans to use the earnings from her business (estimated to be 100 talas or US $42 per week) to improve/expand the business.

In 2010, Theresa A. joined SPBD. This is her 1st loan with SPBD. SPBD's loans are Theresa A.'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


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Loan details