Funded

Total loan: $1,125
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Faalevela

Samoa
Salepouae, Samoa / General Store

A loan of $1,125 helped faalevela would like to purchase goods for her store and to buy timber and cement to expand her shop.


Faalevela's story

Faalevela Robert, 59, is married with eight children. She has many years of experience in the shop business. She sells to the village people 6 days per week. She has 6 previous loans with SPBD. She expects her weekly net cash flow to be 700 Tala (~$291 USD). SPBD loans are Faalevela's only access to capital because she was never able to qualify for a loan with the traditional banks. She will used her loan to buy goods needed for the shop and also some timber and cement to expand her store. Her husband and the older daughter help her with the business.



Loan details

Loan length:

14 months
Disbursed date: January 7, 2009
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 7, 2009
Facilitated by Field Partner: South Pacific Business Development (SPBD)