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Ta Malaneh Enterprise Group
In this Group: Kadiatu, Amie, Salamatu B., Memunatu , Kadiatu
This is a group containing Kadiatu T., Amie F., Sallamatu B. K., Kadiatu K., and Memunatu K.. They are local entrepreneurs in Magburaka town. They named their group Ta Malaneh, which is a Temne phrase meaning, “Let’s embrace each other.” This is not the first loan these entrepreneurs have receivedfrom SMT/Kiva. Previous loans have been of great help to these women. They were able to repay their loans on time and in full, while also feeding their children, paying school fees, and saving some money for unforeseen situations. Having repaid their last loan successfully, they are now requesting a new loan of SLL 1,000,000, for each person, to further strengthen their businesses.

Kadiatu T. (second from right) is the leader of the group. Kadiatu is forty-eight years of age. She is married with five children. Three of her children are already adults, and two are still in school. Kadiatu sells palm-oil (the most popular cooking oil) and has been in business for over twenty-five years.

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

  • $903
    Average annual income
  • 15
    View loans »
    Sierra Leone Loans Fundraising
  • $9,075,025
    Funds lent in using Kiva
  • 3,165.0
    Sierra Leone Leones (SLL) = $1 USD