Funded

Total loan: $675
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Faimafili

Samoa
Afega, Samoa / Bakery

A loan of $675 helped to purchase ingredients to make baked goods for sale.


Faimafili's story

Faimafili is 25 and married with three children. She owns and operates a business baking and selling a variety of baked goods in the local community. She has two years of experience in this business.

Faimafili needs a loan of 1500 WST to purchase additional ingredients. She plans to use the profit from her sales (an estimated 350 WST per week) to improve and expand her business.

In 2011, Faimafili joined SPBD to gain access to financial services, and this is her second loan with the company. Most of SPBD's clients are unable to borrow from commercial banks because they lack collateral.



Loan details

Loan length:

14 months
Disbursed date: April 5, 2012
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 5, 2012
Facilitated by Field Partner: South Pacific Business Development (SPBD)