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Koreti is a 39-year-old married woman with one child. She sells fish in her community to earn a living and has 3 years of experience with this business. Koreti needs a loan to buy fishing net and a new canoe. She plans to use her profits to pay for her child's education. Koreti has been a member of SPBD since last year.

Additional Information

About SPBD

South Pacific Business Development (SPBD) improves conditions for families living in poverty by providing accessible credit, training, and guidance to help them start, grow and maintain micro-businesses, build assets, finance home improvements, and afford to educate their children. 99% of SPBD’s loans go to women, who can borrow in groups to guarantee one another rather than put up collateral.

About Samoa

  • $5,200
    Average annual income
  • 31
    View loans »
    Samoa Loans Fundraising
  • $8,468,125
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Koreti to buy fishing net and a new canoe.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 24, 2012
Jun 19, 2012
Currency Exchange Loss:
May 20, 2013