Funded

Total loan: $300
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Salafai

Samoa
Tulaele, Samoa / Food Production/Sales

A loan of $300 helped purchase frying pan, sack of sugar, sack of flour, and cooking oil.


Salafai's story

Salafai A. F., 52, is married with 3 children. She has 2 years of experience in the canteen business. She sells to the general public and villagers 5 days per week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 300 Tala (~125 USD).

SPBD loans are Salafai's only access to capital because she was never able to qualify for a loan with the traditional banks. A new member of the program running a canteen business, she wishes to supply all the children of their village school.



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: December 30, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: December 30, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)