Funded

Total loan: $850
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Pepe


A loan of $850 helped to purchase harvesting equipment such as wheelbarrows, shovels, rakes, baskets, and knives.


Pepe's story

Pepe is seventy-three years of age and is a widow with eight children.

Pepe owns & operates a business venture, planting & harvesting taro for sale. She has three years of experience in this business. Pepe 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 400 talas or US $167 per week) to improve/expand the business.

In 2010, Pepe 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 Pepe's 3rd loan with SPBD.



Loan details

Loan length:

14 months
Disbursed date: January 26, 2012
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 26, 2012
Facilitated by Field Partner: South Pacific Business Development (SPBD)