SPBD Tonga 14

The generosity of you and other supporters has caused Good Return temporarily to run out of individual loan applications. We are working with our microfinance partners to feature more of their women clients as candidates for Good Return funding. But until we can share their personal stories with you, we offer the alternative of lending directly to one of our partners.
South Pacific Business Development (SPBD) is our partner in Tonga. A loan to SPBD provides fresh capital so that it can provide more loans to its members. This allows their women borrowers to refresh stock in their small stores, or to buy supplies to start a small food business. We also work with SPBD to deliver financial literacy education, which helps the women leverage their loans, and create long-term, sustainable benefits for them and their families.

loan blog

Loan Update
Date: Tuesday, 8 August 2017 11:52 AM
From: Good Return
Good Return has received a loan request from SPBD Tonga 14. This loan is due to be disbursed on the 31/08/2017 on the understanding that Good Return will raise funds from the public to finance it. Learn more about borrower disbursement dates.
Loan Update
Date: Tuesday, 8 August 2017 12:15 PM
From: Good Return
Olbia Funds Management Pty Ltd has just helped to fund SPBD Tonga 14’s loan.
Loan Update
Date: Monday, 14 August 2017 3:57 PM
From: Good Return
Accenture has just helped to fund SPBD Tonga 14’s loan.
Fully Funded
Date: Monday, 14 August 2017 3:58 PM
From: Good Return
Good news! The loan for SPBD Tonga 14 has now been fully funded.
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about the borrower

Borrower Name
SPBD Tonga 14
Location
Nuku'alofa
Country
Tonga
Activity
Miscellaneous
Loan Use
Funding
Term
12 Month
Posted
08 August 2017
Loan Status
Fully Funded
Amount $6000.00
Raised $6000.00

about the field partner

Name of field partner
SPBD Tonga (view profile)
Country
Tonga
Time active
77 Month(s)
Rating
N/A
Delinquency rate
N/A
Default rate
0%
 
 
 
 
 
 

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Quick facts about:
tonga

Population 103,000
Capital Nuku'alofa
Languages Tongan/English
Main Exports Fruit/Vegetables
Currency TOP
GDP per capita US$ 2,983
 

Selected poverty indicators

Life expectancy at birth 72.1
Adult illiteracy rate 1%
People without access to safe water 0%
Cambodia Loan Repayments
 
Most loans in Cambodia are repaid in a single final installment. In this case, you will receive only one repayment notification instead of monthly updates. This is because many of TPC's clients are farmers and are only able to repay their loan after they have sold their seasonal harvest.

other project lenders

Accenture
Olbia Funds Management Pty Ltd
 
 
 
 

Good Return is an Australian charity that provides microfinance and education to the poor in the Asia Pacific.
© Good Return 2014. Good Return is an initiative of World Education Australia, an Australian Aid accredited agency. ABN 39 106 279 225
World Education Australia is a member of the Australian Council for International Development (ACFID) and is a Public Benevolent Institution.