Funded

Total loan: $625
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Epenesa

Samoa
Faleasiu, Samoa / Food Production/Sales

A loan of $625 helped to purchase new equipment and tools to expand her business.


Epenesa's story

Epenesa is 60 years old and is married with four children. Epenesa owns and operates a business selling baked goods in the local community. She has two years of experience in this business. Epenesa needs a loan of 1,500 WST to purchase new equipment and tools to expand the business. She plans to use the profit from her business (estimated to be $125 per week) to improve and expand the business.

In 2010, Epenesa 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 Epenesa's second loan with SPBD.



Loan details

Loan length:

14 months
Disbursed date: November 30, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: November 30, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)