A loan of $900 helped to purchase raw ingredients needed to make products for sale.

Pisa's story

Pisa is a married mother of 5 children. She is 56 years old.

Pisa owns and operates a business venture selling both food & daily use products in the local community. She has many years of experience in this business. Pisa needs a loan of 2,200 Somoa Tala (WST) to purchase raw ingredients needed to make products for sale. She plans to use the profit from her business (estimated to be 400WST or US$167 per week) to financially support members of her immediate family.

Pisa 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 Pisa 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

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Loan details