Funded

Total loan: $450
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Leata

Samoa
Faleula, Samoa / Bakery

A loan of $450 helped to purchase sacks of flour, sacks of sugar and an oven.


Leata's story

Leata is 40 years old. She is married and has no children. Leata owns and operates a business venture selling baked goods in the local community. She has three years of experience in this business. Leata needs a loan of 1000 WST to purchase sacks of flour, sacks of sugar and an oven. She plans to use the profit from her business (estimated to be 300 talas or $125 per week) to improve and expand her business.

Leata 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 Leata's second loan with SPBD.



Loan details

Loan length:

14 months
Disbursed date: September 29, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: September 29, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)