Funded

Total loan: $450
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Tele Alofa

Samoa
Vaitele, Samoa / Clothing

A loan of $450 helped to purchase additional fabrics & materials.


Tele Alofa's story

Tele is 48 years of age and is married with six children. Tele owns and operates a business venture, providing dress-making services to local community members. She has many years of experience in this business. Tele needs a loan of WST 1000 to purchase additional fabrics & materials. She plans to use the profit from her business (estimated to be 500 talas or US $208 per week) to improve/expand the business.

In 2011, Tele 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 Tele's 1st loan with SPBD.



Loan details

Loan length:

14 months
Disbursed date: August 19, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 19, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)