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Talananeh Group
In this Group: Marie, Mabinty, Nenneh, Fatmata, Kadiatu
These are Marie K., Mabinty B., Nenneh B., Fatmata K., and Kadiatu K.. They named their group "Talaneneh". They are all local entrepreneurs in Waterloo, a small town twenty miles from Freetown. This is the first loan these entrepreneurs are requesting from SMT/Kiva. Each of them is requesting a loan of Le 500,000. With this loan, they will be able to increase the sizes and qualities of their businesses and consequently make better profit and improve their standards of living.

Marie (right) is the leader of this group. Marie is thirty-seven years of age. She was born in Port Loko, in northern Sierra Leone. She is married with two children who are still in primary school. Marie sells palm-oil (the most popular cooking oil), gari (a food produced by grinding cassava) and palm kernels. She has been a businesswoman for over seventeen years now.

Additional Information

About Salone Microfinance Trust (SMT)

Salone Microfinance Trust (SMT) is Kiva’s oldest field partner in Sierra Leone. SMT began operations in 2002 as a microcredit program of the NGO Child Fund Sierra Leone under a USAID program to assist the reintegration of ex combatants back into their communities. Today, SMT offers group, agricultural, individual and salary loans to micro-entrepreneurs through six branches and one sub-branch in rural, urban, and peri-urban areas. By providing small loans and other financial services, SMT empowers poor clients to generate more income to help their families, improve their wellbeing, and create a more vibrant private small-business sector in Sierra Leone.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Sierra Leone

  • $2,100
    Average annual income
  • 64
    View loans »
    Sierra Leone Loans Fundraising
  • $9,347,350
    Funds lent in using Kiva
  • 3,130.0
    Sierra Leone Leones (SLL) = $1 USD