Funded

Total loan: $500
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Vaimalu


A loan of $500 helped purchase fertilizer, knifes, chemicals and a wheelbarrow.


Vaimalu's story

Vaimalu P., 47, is married with five children. She has five years of experience in the Taro Plantation business. She sells to the public and village people two days per week. She has one previous loan with SPBD. She expects her weekly net cash flow to be 70 Tala (~23 USD). SPBD loans are Vaimalu’s only access to capital because she was never able to qualify for a loan with the traditional banks. Vaimalu's loan will be used to purchase things to improve her business like sacks of fertilizer, knifes, chemicals and a wheelbarraow to make work easier for her. Her husband helps her with the business.



Loan details

Loan length:

14 months
Disbursed date: February 27, 2009
Facilitated by Field Partner: South Pacific Business Development (SPBD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 27, 2009
Facilitated by Field Partner: South Pacific Business Development (SPBD)