Posts Tagged ‘loans’
Thursday, July 9th, 2009
Micro-Entrepreneurs impacted by Robert Kennedy College
Borrower Name : Leaso Kerisimasi
Village/Centre : Iva A
Loan Amount : 1000 ST, 400 USD
Repayment Term : 12 months
Business Sector : Retail
Business Activity : Retail
Loan Use : Purchase cement, sand, dust
Leaso Kerisimasi, 25, is married with two children and lives in the village of Iva, Savaii. She has over five years experience in the brick-making business and she sells to the public five days per week. Leaso has no previous loans with SPBD and she will repay her first 1000 ST (~400 USD) loan over a period of twelve months. The expected weekly net cash flow from the brick business is 300 ST (~120 USD). SPBD loans are Leaso’s only access to capital because she was never able to qualify for a loan at a traditional bank. Leaso will use her loan to purchase the production materials, including cement, sand, and dust, that will enable her to grow and maintain the brick businesss. She is a multi-talented young mother and will continue to run the family plantation alongside her brick-making enterprise.
Tags: iva, kiva, leaso kerisimasi, loans, microcredit, microfinance, robert kennedy college
Posted in rkc microfinance | No Comments »
Thursday, July 9th, 2009
Micro-Entrepreneurs impacted by Robert Kennedy College
Borrower Name : Salafai Suaesi
Village/Centre : Salelavalu Uta 1
Loan Amount : 1000 ST, 400 USD
Repayment Term : 12 months
Business Sector : Food
Business Activity : Bakery
Loan Use : Purchase drum, sugar, baking soda, custard etc.
Salafai Suaesi, 52, is married with 12 children. She has one year of experience in the bakery business and she sells to the villagers and public six days per week. Salafai has no previous loans with SPBD and she will repay her first 1000 ST (~400 USD) loan over a period of twelve months. The expected weekly net cash flow from the bakery is 400 ST (~160 USD). SPBD loans are Salafai’s only access to capital because she was never able to qualify for a loan at a traditional bank. Salafai will use her loan to purchase the equipment and ingredients, including a stirring drum, sugar, baking soda, and custard, that will enable her to start and maintain her bakery business. She will use a portion of the proceeds from the bakery to purchase equipment for her family run plantation.
Tags: kiva, loans, microcredit, microfinance, robert kennedy college, salafai suaesi, salelavalu uta
Posted in rkc microfinance | No Comments »
Thursday, July 9th, 2009
Micro-Entrepreneurs impacted by Robert Kennedy College
Borrower Name : Siva Neemia
Village/Centre : Safotu
Loan Amount : 1000 ST, 400 USD
Repayment Term : 12 months
Business Sector : Food
Business Activity : Food Production
Loan Use : Purchase frying pan, plastic bags, sugar, vegetable oil, bananas, etc.
Siva Neemia, 27, is married with three children and lives in the village of Safotu, Sevaii. She has over five years experience in the chip business and she sells her chips to retail outlets and the public five days per week. Siva has no previous loans with SPBD and she will repay her first 1000 ST (~400 USD) loan over a period of twelve months. The expected weekly net cash flow from the chip business is 200 ST (~80 USD). SPBD loans are Siva’s only access to capital because she was never able to qualify for a loan at a traditional bank. Siva will use the loan to purchase the equipment and ingredients, including frying pans, plastic bags, sugar, vegetable oil, and bananas, that will enable her to grow and maintain the chip business. She believes part of the proceeds from the business can be used to improve a family run plantation. With improvements to the plantation, Siva’s family will be able to sell surplus crops for supplementary income to the income provided by the chip business.
Tags: kiva, loans, microcredit, microfinance, robert kennedy college, Safotu, siva neemia
Posted in rkc microfinance | No Comments »
Tuesday, July 7th, 2009
Micro-Entrepreneurs impacted by Robert Kennedy College

Borrower Name : Tauese Pauga
Village/Centre : Safotu
Loan Amount : 1000 ST, 400 USD
Repayment Term : 12 months
Business Sector : Agriculture
Business Activity : Farming
Loan Use : Purchase knapsack sprayer, knives, chemicals, ranging pole
Tauese Pauga, 70, is married with five children and lives in the village of Safotu, Sevaii. She is a farmer with one year of experience running a vegetable business that sells to villagers and the greater public three days per week. Tauese has no previous loans with SPBD and she will repay her first 1000 ST (~400 USD) loan over a period of twelve months. The expected weekly net cash flow from the vegetable business is 250 ST (~100 USD). SPBD loans are Tauese’s only access to capital because she was never able to qualify for a loan at a traditional bank. Tauese will use the loan to purchase the equipment and supplies, including a knapsack sprayer, knives, chemicals, and a ranging pole, that will enable her to grow and maintain her vegetable plantation and business. Due to her age, Tauese will forgo hard labor on the plantation in favor of selling the taro, taamu, and banana harvest.
Tags: kiva, loans, microcredit, microfinance, robert kennedy college, Safotu, tauese pauga
Posted in rkc microfinance | No Comments »
Tuesday, July 7th, 2009
Micro-Entrepreneurs impacted by Robert Kennedy College

Borrower Name : Tiara Taeia
Village/Centre : Salailua Apia Lua
Loan Amount : 1000 ST, 400 USD
Repayment Term : 12 months
Business Sector : Transportation
Business Activity : Retail
Loan Use : Purchase akuelo, pafa, and a compressor
Tiara Taeia, 23, is married with no children and lives in the village of Salailua, Sevaii. She fixes and cosmetically enhances cars as a mechanic and plans to sell her services to village people, friends and relatives, and the public six days per week. Tiara has no previous loans with SPBD and she will repay her first 1000 ST (~400 USD) loan over a period of twelve months. The expected weekly net cash flow from her auto service business is 800 ST (~310 USD). SPBD loans are Tiara’s only access to capital because she was never able to qualify for a loan at a traditional bank. Tiara will use her loan to purchase the equipment, including an akuelo, a pafa, and a compressor, that will enable her to grow and maintain her auto service business. She will be helped by her husband who has worked many years as a successful auto mechanic.
Tags: kiva, loans, microcredit, microfinance, robert kennedy college, salailua apia lua, tiara taeia
Posted in rkc microfinance | No Comments »
Tuesday, July 7th, 2009
Micro-Entrepreneurs impacted by Robert Kennedy College

Borrower Name : Tino Lavea
Village/Centre : Safotu
Loan Amount : 1000 ST, 400 USD
Repayment Term : 12 months
Business Sector : Food
Business Activity : Food Production
Loan Use : Purchase frying pan, spoons, flour, baking soda, forks, etc.
Tino Lavea, 65, is married with eight children and lives in the village of Safotu, Sevaii. She has two years of experience in the ‘pancake’ business and she sells to villagers and the village school four days per week. Tino has no previous loan(s) with SPBD and she will repay her first 1000 ST (~400 USD) loan over a period of twelve months. The expected weekly net cash flow from the pancake business is 200 ST (~80 USD). SPBD loans are Tino’s only access to capital because she was never able to qualify for a loan at a traditional bank. Tino will use the loan to purchase the equipment and ingredients, including frying pans, spoons, forks, flour, and baking soda, that will enable her to grow and maintain her pancake business. She will use a portion of the proceeds from the business to improve her family plantation.
Tags: kiva, loans, microcredit, microfinance, robert kennedy college, Safotu, tino lavea
Posted in rkc microfinance | 1 Comment »
Tuesday, June 9th, 2009
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Uganda |
Alice deals in the sale of fabric in both wholesale and retail. She wants a second loan to invest in the purchase of more materials. This will enable her to serve more clients hence boosting her sales.
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Tags: import, loans, microfinance, myc4, plugin, uganda
Posted in myc4 | No Comments »