Check out some available loans that are similar to this one!
Walekafesa I Group
In this Group: Fanta, Kaday, Finah, Iye, Aminata
This is Fanta K., Kaday K., Finah M., Iye M. and Aminata T.. They call their group Walekafesa I. They are small-scale businesswomen from the village of Heremakono, about ten miles from Kabala town, in the Koinadugu district, northern Sierra Leone. They are requesting loans of Le 800,000 each to help them improve the amount and quality of goods they sell. This will enable them to make better sales, improve profit, and to achieve a better standard of living.

Fanta K. (left) is the leader of this group. Fanta is a farmer and also a petty trader. With this loan, she will buy seeds and pay laborers to help her plough the land. Fanta plants cassavas and potatoes. She was born in Heremakono village, 46 years ago. She is married to a farmer and they have five children together. This loan will enable her to expand her farm and consequently make her self reliant.

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
  • 29
    View loans »
    Sierra Leone Loans Fundraising
  • $9,391,500
    Funds lent in using Kiva
  • 3,044.0
    Sierra Leone Leones (SLL) = $1 USD