Funded

Total loan: $425
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Faafetai

Samoa
Maagao, Samoa / Clothing Sales

A loan of $425 helped purchase buying paintings, brushes, stencils, carving woods and materials.


Faafetai's story

Faafetai U., 44, is married with three children. She has many years of experience in the elei printing materials business. She sells to the general public and villagers three days per week. She expects her weekly net cash flows to be 400 Tala (~166 USD).

She has two previous loans with SPBD. SPBD loans are Faafetai’s only access to capital because she was unable to qualify for a loan with the traditional banks. Part of this loan will be used for building a small house for business purposes only.



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)