Funded

Total loan: $850
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Marata

Samoa
Sinamoga, Samoa / Tailoring

A loan of $850 helped to purchase fabrics and materials.


Marata's story

Marata, age 54, provides alteration and tailoring services to local community members. She has four years of experience in this business. Marata needs a loan of WST $2,000 to purchase additional fabrics and materials. She plans to use the profit from her business (estimated to be 400 talas or US $167 per week) to improve and expand the business. She and her husband have four children. In 2007, Marata joined SPBD* in order to gain access to financial services. Most of SPBD's clients are unable to borrow from commercial banks because they lack collateral. This is Marata's fifth loan with SPBD. *SPBD evaluates the living conditions of each of its borrowers. Generally, a loan manager evaluates a variety of social metrics on a scale out of 3 (the higher the number, the better off the person is) and these are averaged for the "overall social metric score." For example, a 3 out of 3 on "level of education" would mean that the borrower has graduated from university.

About SPBD: In 2000, Greg Casagrande founded SPBD to improve the quality of life of people living in poverty in the poor island nations of the South Pacific. SPBD's philosophy of lending is based on a respect for each individual's innate human ingenuity, drive and self esteem. Please join SPBD's lending team on KIVA to receive on-the-spot updates on SPBD.



Loan details

Loan length:

14 months
Disbursed date: November 18, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: November 18, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)