Samoa > South Pacific Business Development (SPBD)
About the Field Partner
About the Field Partner
| Field Partner: | South Pacific Business Development (SPBD) |
|---|---|
| Field Partner Risk Rating: | |
| Time On Kiva: | 39 months |
| Kiva Entrepreneurs: | 3812 |
| Total Loans: | $2,111,500 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| See all loans from this field partner >> |
Kiva Fundraising Status
Kiva Fundraising Status
| Fundraising Status: | Active |
|---|---|
See all fundraising loans from this field partner >>
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Other Information Sources
Other Information Sources
SPBD's mission is to improve the quality of life of people living in poverty in the poor island nations of the South Pacific. Our first market is the independent island nation of Samoa, in the middle of the South Pacific. SPBD is a replication of the Grameen Bank of Bangladesh. The Grameen Bank, founded by Prof. Mohammed Yunus, is the pioneering organization in the field of micro finance.
Poor people in Samoa suffer from absolute poverty that is driven by a poverty of opportunity. This poverty of opportunity is based on the fact that there are few traditional waged employment opportunities available in Samoa. For most rural Samoans jobs just do not exist. SPBD provides small, unsecured loans to groups of rural women. Women invest their loans into businesses based on their existing livelihood skills.
SPBD's philosophy of lending is based on a respect for each individual's innate human ingenuity, drive and self esteem. It is these qualities which make people credit worthy, not the collateral which traditional banks demand. By providing access to capital, SPBD allows women and their families to pursue their dreams and achieve their full potential.
SPBD can be contacted via email at gregcas@optimum.net
Repayment Performance on Kiva
Repayment Performance on Kiva
| This Field Partner | All Kiva Partners | ||
| Start Date On Kiva | Jul 31, 2006 | Oct 12, 2005 | |
|---|---|---|---|
| Total Loans | $2,111,500 | $101,929,710 | |
| Amount of Raised Inactive Loans | $0 | $111,475 | |
| Number Of Raised Inactive Loans | 0 | 164 | |
| Amount of Paying Back Loans | $584,675 | $44,703,125 | |
| Number Of Paying Back Loans | 1,172 | 63,327 | |
| Amount of Ended Loans | $1,526,825 | $57,115,110 | |
| Number Of Ended Loans | 2,141 | 83,635 | |
| Delinquency Rate | 0.00% | 4.28% | |
| Amount of Paying Back Loans Delinquent | $0 | $1,913,000 | |
| Amount of Paying Back Loans | $584,675 | $44,703,125 | |
| Number of Paying Back Loans Delinquent | 0 | 6,018 | |
| Default Rate | 0.00% | 1.96% | |
| Amount of Ended Loans Defaulted | $0 | $1,119,957 | |
| Amount of Ended Loans | $1,526,825 | $57,115,110 | |
| Number Of Ended Loans Defaulted | 0 | 3,369 | |
| Currency Exchange Loss Rate | 0.00% | 0.00% | |
| Amount of Currency Exchange Loss | $0 | $0 | |
| Refund Rate | 0.21% | 1.09% | |
| Amount of Refunded Loans | $4,425 | $1,112,375 | |
| Number Of Refunded Loans | 8 | 1,446 | |
| Updated as of November 21, 2009 1:16 AM | |||
Loan Characteristics On Kiva
Loan Characteristics On Kiva
| This Field Partner | All Kiva Partners | ||
| Loans to Women Entrepreneurs | 99.77% | 78.21% | |
|---|---|---|---|
| Average Loan Size | $555 | $403 | |
| Average Individual Loan Size | $605 | $591 | |
| Average Group Loan Size | $1,753 | $1,494 | |
| Average Number Of Entrepreneurs Per Group | 6.2 | 0 | |
| Average GDP Per Capita (PPP) in Local Country | $6,344 | $3,465 | |
| Average Loan Size / GDP Per Capita (PPP) | 10.05% | 11.64% | |
| Average Time To Fund A Loan | 3.43 days | 2.27 days | |
| Average Dollars Raised Per Day Per Loan | $161.84 | $177.73 | |
| Average Loan Term | 13.40 months | 9.31 months | |
| Updated as of November 21, 2009 1:16 AM | |||
Journaling Performance on Kiva
Journaling Performance on Kiva
| This Field Partner | All Kiva Partners | ||
| Total Journals | 1455 | 51642 | |
|---|---|---|---|
| Journal Coverage | 41.63% | 28.22% | |
| Journal Coverage, Kiva Fellows | 0.00% | 0.21% | |
| Journal Frequency (Average Per Loan Per Year) | 0.30 | 0.32 | |
| Average Number Of Recommendations Per Journal | 10.76 | 10.30 | |
| Updated as of November 21, 2009 1:16 AM | |||
Borrowing Cost Comparison
Borrowing Cost Comparison
| This Field Partner | Median for MFI Peers in Country | All Kiva Partners | ||
| Average Interest Rate and Fees Borrowers Pay (Portfolio Yield) | 58% | N/A | 35.21% | |
|---|---|---|---|---|
| Average Loan Size (% of Per Capita Income) | 8% | N/A | 23.43% | |
| Average Partner Return On Assets | N/A | N/A | 0.24% |
Field Partner Staff
Agnes ChuTeam Editing
Jack Elisara
Fetafiana Itielu
Tafi Itielu
Wendy Joe
Saia Kerisiano
Mayvian Koti Popese
Luapene Lefau
Litara Mataia
Saaga Nanai
Aumau Omeka
Lanu Papalii
Aaron Pili
Ella Poe
Keiolani Samuelu
Fautua Talaoloa
Saleifi Tanielu
Keneth Jay To
Tuiafutea Tuala
Isabel Tuatagaloa
Falefia Ulugia
Shane Xu
Country Fast Facts
Country Fast Facts
| Country: Samoa |
| Capital: Apia |
| Official Language: Samoan (Polynesian), English Samoan is probably the oldest Polynesian language, and it is the official language of both Independent Samoa and American Samoa. English is the second official language. Samoans are proud of their language. |
| Population: 176,908 |
| Avg Annual Income: $6,344 |
| Labor Force: Not Available |
| Population Below Poverty Line: Not Available |
| Literacy Rate: 99.7% |
| Infant Mortality Rate (per 1000): 28.85 deaths |
| Life Expectancy: 71 years |
| Currency: Samoa Tala |
| Exchange Rate: 2.5221 WST = 1 USD |
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