A loan helped to purchase general farm supplies and equipment.

Solaua's story

Solaua is 59 years old and has six children.

Solaua owns and operates a business planting and harvesting bananas for sale. She has many years of experience in this business. Solaua needs a loan of WST 1,250 to purchase general farm supplies and equipment. She plans to use the profit from her business (estimated to be 250 talas or $104 per week) to improve/expand the business.

In 2007, Solaua 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 Solaua's fourth 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. PBD'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