Funded

Total loan: $1,200
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Fepuleai

Samoa
Vaiee, Samoa / Food Market

A loan of $1,200 helped to purchase stock, flour, sugar, onions, salt, sauce oil, drinks, etc. for resale.


Fepuleai's story

Fepuleai T., 76, is widowed with nine children. She has many years of experience in the retail business which her husband started many years ago. Her kids help her with a lot of the hard work and her children who live overseas also send back money and supplies for the business.

Mrs. T. sells food products to members of her village and to people driving through the south side of Upolo Island during the a week. She expects her weekly net cash flow to be 1200 Tala (~$500 USD).

This is her first business venture because she was never able to personally qualify for a loan with traditional banks. She has now had seven previous loans. She will use half of this money to supply new food items for her shop and the other half to support her grandchildren's school fees. She will also use part of the loan to repair her home.



Loan details

Loan length:

14 months
Disbursed date: June 3, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 3, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)