Funded

Total loan: $275
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Masepi

Samoa
Fogatuli, Samoa / Bakery

A loan of $275 helped purchase sacks of flour and cooking oil to start her bakery business.


Masepi's story

Masepi M. is 24 years old and single. She is just starting out in the donuts\cake business. She sells to the school and to the village people five days a week. She is a new member and has no previous loans with SPBD. She expects her weekly net cash flow to be 120 Tala (~$40 USD). SPBD loans are Masepi’s only access to capital because she doesn't qualify for a loan with the traditional banks. She will use the loan of $275 to start her business.



Loan details

Loan length:

14 months
Disbursed date: December 11, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 11, 2008
Facilitated by Field Partner: South Pacific Business Development (SPBD)