Funded

Total loan: $650
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Koleta

Samoa
Lotopa, Samoa / Farming

A loan of $650 helped to purchase general farm supplies & equipment.


Koleta's story

Koleta is 59 years of age and she is a widow with six children. Koleta owns & operates a business venture, planting & harvesting fruits & vegetables for sale. She has 2 years of experience in this business. Koleta needs a loan of WST 1500 to purchase general farm supplies & equipment. She plans to use the profit from her business (estimated to be 108 talas or US $45 per week) to supplement her family's income.

In 2008, Koleta 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 Koleta's 4th loan with SPBD.



Loan details

Loan length:

14 months
Disbursed date: September 16, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: September 16, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)