Kiva Loan Number 11

Ata Satuala Moti from Samoa has fully repaid a Kiva loan

Ata Moti

Location: Neiafu, Samoa

Repayment Term: 14 months (more info)

Activity: Farming

Repayment Schedule: Monthly

Loan Use: Purchase knapsack sprayer, chemicals, knives, ranging pole

Currency Exchange Loss: Possible       Default Protection: Not Covered

Ata Satuala Moti, 60, is married with 6 children. She has years of experience in the plantation business. She sells to the public 4 days per week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 200 Tala (~ USD). SPBD loans are Ata’s only access to capital because she was never able to qualify for a loan with the traditional banks.

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Country: Samoa Avg Annual Income: $6,344 Currency: Samoa Tala (WST) Exchange Rate: 2.7071 WST = 1 USD