Funded

Total loan: $1,200
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Folole

Samoa
Moataa, Samoa / Crafts

A loan of $1,200 helped to buy tools and equipments needed for making her handicrafts.


Folole's story

Folole F., 54, is married with six children. She has many years of experience in the handicrafts business. She sells to the public and villagers three days per week.

Folole has had six previous loans with SPBD. This loan would be used for buying tools and equipment for the handicraft business. She expects her weekly net cash flow to be 370 Tala (~$154 USD). SPBD loans are Folole's only access to capital because she was never able to qualify for a loan with the traditional banks.



Loan details

Loan length:

14 months
Disbursed date: October 22, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: October 22, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)