Funded

Total loan: $300
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Sipaea

Samoa
Vaitele, Samoa / Retail

A loan of $300 helped to restock her grocery store and renovate her home.


Sipaea's story

Sipaea is a 67-year-old mother of five children, all of whom have jobs. She works hard at her grocery store, which is located in the village of Vaitele and open 7 days a week, from 7:00 a.m. to 9:00 p.m. Sipaea has done very well because she offers people lower prices and better quality than they can get elsewhere, and she is attracting a growing number of customers. After expenses, she earns $100 per week in profits, which she saves or uses to repay loans to SPBD. She is looking forward to her new loan, which she will use to expand her grocery store and help her family renovate their home.



Loan details

Loan length:

20 months
Disbursed date: January 3, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: January 3, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)