Funded

Total loan: $825
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Faleala

Samoa
Fasitoo Tai, Samoa / Fishing

A loan of $825 helped to purchase fishing equipment including hooks and nets.


Faleala's story

Faleala is forty-three years old and is married with five children. Faleala owns and operates a business venture, catching and selling ocean-caught fish. She has many years of experience in this business.

Faleala needs a loan of WST $2,000 to purchase fishing equipment including hooks and nets. She plans to use the profit from her business (estimated to be 400 talas or US $167 per week) to improve the business.

In 2009, Faleala 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 Faleala's 3rd loan with SPBD.



Loan details

Loan length:

14 months
Disbursed date: December 22, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 22, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)