Funded

Total loan: $500
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Leaso

Samoa
Malie, Samoa / Food Production/Sales

A loan of $500 helped to buy ingredients such as corn seeds, dripping, plastic paper and pots.


Leaso's story

Leaso V., 65, is widowed with eleven children. She has three years of experience in the popcorn business. She sells to schoolchildren and villagers three days per week. She has had one previous loan with SPBD. This loan would be used to buy ingredients such as corn seeds, drippings, plastic paper and pots.

Leaso expects her weekly net cash flow to be 240 Tala (~$100 USD). SPBD loans are Leaso's only access to capital because she was never able to qualify for a loan with the traditional banks. She has children who are working and helps with some of the family needs.



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)