Funded

Total loan: $325
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Matalena

Samoa
Nofoalii, Samoa / Farming

A loan of $325 helped purchase chemicals, insect sprayer, bush knife, shovel.


Matalena's story

Matalena V., 39, is married with 4 children. She has many years' experience in the taro/banana business. She sells to the village community and Fugalei market 3 days per week. She has 3 previous loans with SPBD.

Matalena expects her weekly net cash flow to be 300 Tala (about US$ 125). SPBD loans are Matalena’s only access to capital because she was never able to qualify for a loan with the traditional banks. Because her balance restarts, she will use all her loan for her project.

The whole family spend their weekends at the plantation maintaining their plantation in good condition but mostly the head of the family is responsible in planning everything for the betterment of her business.



Loan details

Loan length:

14 months
Disbursed date: June 23, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 23, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)