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Denkoma I Group
In this Group: Manama, Fatmata, Kumba, N'bambay, Jima
Manama (left) is the leader of this group. Manama is a farmer and a petty trader. She has been a farmer for ten years now and will use this loan to buy seeds for cabbages and groundnuts, etc. She usually buys these seeds either from Kabala town or in Freetown. Manama was born in Heremakono village. She is 29 years old, married to a road constructor and they have five children together. With this loan, she will be able to increase her farm acreage and generate sufficient funds to look after herself and the children.

Manama M., Fatmata M., Kumba M., N’Bambay M. and Jima K. named their group Denkoma I. They are small scale businesswomen from the village of Heremakono, about ten miles from Kabala, in northern Sierra Leone. They are requesting a loan of Le 800,000 each to help them develop their businesses.

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
  • 51
    View loans »
    Sierra Leone Loans Fundraising
  • $9,344,750
    Funds lent in using Kiva
  • 3,044.0
    Sierra Leone Leones (SLL) = $1 USD