Funded

Total loan: $850
Powered by 14 lenders

Peleiupu

Samoa
Vaitoloa, Samoa / Food Production/Sales

A loan of $850 helped to purchase a new stove and additional stock for her business.


Peleiupu's story

Peleuipu is married with two children. The whole family is living together with Peleiupu's parents-in-law, who are very old. Life is hard for them considering that the whole extended family relies on the meagre income of her husband. When she got to know about the SPBD microfinance program, she thought of the idea of starting a small business to help her husband earn a living. Her first loan from SPBD was used to set up a pancakes and chips business. She sold them to the nearby village school. Later on she discovered that there is great demand for her products on Sunday evenings when most of the households are gathered together for family dinners. Her initial success has given her the confidence to expand her new business by buying a bigger stove and additional stock to be used for her pancakes and chips business.



Loan details

Loan length:

15 months
Disbursed date: June 15, 2007
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: June 15, 2007
Facilitated by Field Partner: South Pacific Business Development (SPBD)