Funded

Total loan: $425
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Siatunuu

Samoa
Faleula, Samoa / Fishing

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


Siatunuu's story

Siatunuu is 22 years old. She is married and has two children.

Siatunuu owns and operates a business venture, catching and selling ocean-caught fish. She has two years of experience in this business. Siatunuu is requesting a loan in the amount of 1,000 WST to purchase fishing equipment including hooks and nets. She plans to use the profit from her business (estimated to be 300 WST or $125 per week) to improve and/or expand the business.

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



Loan details

Loan length:

15 months
Disbursed date: December 23, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: December 23, 2011
Facilitated by Field Partner: South Pacific Business Development (SPBD)