Funded

Total loan: $875
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Elisapeta


A loan of $875 helped to purchase harvesting equipment such as wheelbarrows, shovels, rakes, baskets, and knives.


Elisapeta's story

Elisapeta is forty years old, married, and has six children.

Elisapeta owns and operates a business venture, planting and harvesting taro for sale. She has many years of experience in this business. Elisapeta needs a loan of WST 2,000 to purchase harvesting equipment such as wheelbarrows, shovels, rakes, baskets, and knives. She plans to use the profit from her business (estimated to be 700 talas or US $292 per week) to improve/expand the business.

In 2009, Elisapeta joined SPBD to gain access to financial services. Because they lack collateral, most of SPBD's clients are unable to borrow from commercial banks. This is Elisapeta's third loan with SPBD.



Loan details

Loan length:

14 months
Disbursed date: January 19, 2012
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 19, 2012
Facilitated by Field Partner: South Pacific Business Development (SPBD)