Funded

Total loan: $425
Powered by 14 lenders

Faosofia

Samoa
Nofoalii, Samoa / Fishing

A loan of $425 helped to purchase fishing equipment including hooks & nets.


Faosofia's story

Faaosofia is 34 years of age and is married with 4 children. She owns & operates a business venture, catching & selling ocean-caught fish. She has many years of experience in this business. She needs a loan of WST 1,000 to purchase fishing equipment, including hooks & nets. She plans to use the profit from her business (estimated to be WST $400 talas or US $167 per week) to improve/expand the business.

In 2011, Faaosofia 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 Faaosofia's 1st 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)