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.

(click to continue reading Kiva – Ata Satuala Moti from Samoa has fully repaid a Kiva loan.)

 

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

 

Kiva Loan Number 8

Botir Kurbonov from Tajikistan has fully repaid a Kiva loan

Location: J.rasulov, Tajikistan

Repayment Term: 5 months (more info)

Activity: Retail   Repayment Schedule: Monthly

Loan Use: Purchase of light bulbs

Currency Exchange Loss: Covered       Default Protection: Covered

Born in 1971, Botir Kurbonov is married and has 2 children. After he lost his job and returned from the Russian Federation, Botir decided to start a small business. He leased a small store at an agricultural market in the Jabbor-Rasulov district and started selling merchandise. Together with his wife, Botir has been increasing his goods turnover for over 7 years. They plan to save enough money to open their own store in the district center. Besides our organization, their parents help Botir and his wife with their business-plan realization. Translated from Russian by Anna Sorokina-Hailey, Kiva Volunteer

Курбонов Ботир – мужчина 1977 года рождения, женат, имеет 2 детей. После того, как он остался без работы и вернулся из Российской Федерации, он решил заняться мелким бизнесом. Взяв в аренду маленький магазинчик на территории колхозного рынка Джаббор-Расуловского района, он занялся торговлей мелкими товарами. Вот уже более 7 лет они вместе с женой расширяют свой товарооборот. Накопив немного денег они собираются собственный магазин в центре района. Кроме нашей организации, в осуществлении бизнес-планов им помогают их родители.

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Country: Tajikistan
Avg Annual Income: $1,388
Currency: Tajikistan Somoni (TJS)
Exchange Rate: 4.4001 TJS = 1 USD

Kiva – Loan Number Six

Niria Nereyda Briceño Medina from Peru has fully repaid a Kiva loan

Location: Trujillo – La Libertad, Peru

Repayment Term: 8 months (more info)

Activity: Electrical Goods

Repayment Schedule: Monthly

Loan Use: To buy antennas and illustrated encyclopedias with CD to stock her business

Currency Exchange Loss: Covered

Mrs. Niria Nereyda Medina is 42 years old, lives in the district of La Esperanza, in the province of Trujillo, in La Libertad, Peru. She has completed secondary school. She has 3 children, who depend economically on her. Niria sells antennas, cut from glass. She develops her business on the corners of the city of Trujillo. With her first loan of 200 soles that she received from the New Hope II Community Bank, she invested in the purchase of products, like cut glass. With this loan of 1700 soles, she will invest in the purchase of antennas and illustrated encyclopedias with a CD to stock her business. Niria dreams of stocking her hardware store so that it grows as a micro-enterprise.

Translated from Spanish by Avni Shah, Kiva Volunteer

La señora Niria Nereyda Briceño Medina tiene 42 años, vive en el Distrito de La Esperanza, provincia de Trujillo, departamento de La Libertad, Perú. Ella estudió Secundaria Completa, tiene 3 hijos que depende económicamente de ella. Niria se dedica a la venta de antenas, cortadores de vidrios, su negocio lo desarrolla en las esquinas de la ciudad de Trujillo. Con su primer crédito de 200 soles que recibió de su Banco comunal Nueva Esperanza II, lo invirtió en la compra de productos como cortadores de vidrios. El crédito de 1700 soles, lo invertirá en la compra de antenas, enciclopedias ilustradas y con CD para implementar su negocio. Niria tiene como sueño implementar su ferretería para crecer como microempresaria

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