Funded

Total loan: $425
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Akenese

Samoa
Faleasiu, Samoa / Food Production/Sales

A loan of $425 helped to invest in expanding her business.


Akenese's story

Akenese is forty three years of age and is married with nine children.

Akenese owns and operates a business venture, selling baked goods in the local community. She has many years of experience in this business. Akenese needs a loan of WST 1,000 to invest in expanding the business. She plans to use the profit from her business (estimated to be 400 talas or US $167 per week) to improve/expand the business.

In 2011, Akenese 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 Akenese's first loan with SPBD.



Loan details

Loan length:

14 months
Disbursed date: December 16, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 16, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)