Funded

Total loan: $625
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Silia

Samoa
Faleasiu, Samoa / Bakery

A loan of $625 helped to purchase additional ingredients.


Silia's story

Silia is 25 years of age and single with one child.

Silia owns & operates a business baking & selling a variety of baked goods in the local community. She has two years of experience in this business. Silia needs a loan of WST $1,500 to purchase additional ingredients to increase production. She plans to use the profit from her business (estimated to be 250 talas or US $104 per week) to improve/expand the business.

Silia 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 Silia'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)