Funded

Total loan: $1,200
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Sivai


A loan of $1,200 helped to buy pesticides for her plantation and materials to build a copra dryer.


Sivai's story

Sivai T., 54, is married and has eight children. She has been in the business of selling taro products for the last four years. She sells to the general public and to people in her village two days per week. Her husband and children help her out with her business.

Sivai has had five prior loans from SPBD, and expects to earn a weekly net cash flow of $166. SPBD loans are Sivai’s only access to capital because she was never able to qualify for a loan from traditional banks. She will use part of her loan to increase her earnings by building a copra dryer, which people in this part of the world use to process coconuts.



Loan details

Loan length:

14 months
Disbursed date: June 5, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 5, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)