Check out some available loans that are similar to this one!
Malap Group
In this Group: Adama, Sallay, Fatmata, Rugiatu , Sallay
This is Adama K., Sallay K., Fatmata K., Rugiatu K. and Sallay K. . They named their group Malap. These entrepreneurs have gained access to several loans from SMT/Kiva. Previous loans have had meaningful impacts into the lives of these entrepreneurs. The last loan they received from Kiva through SMT was for Le 1,000,000.00 each. Having successfully repaid that loan, they are now requesting a new loan of Le 1,200,000.00 for each to enable them further strengthen their businesses.

Adama K. (in the middle) is the leader of this group. Adama is thirty-three years of age. She was born in a village called M’Boleh, about four miles from Makeni City, in northern Sierra Leone. She is married to a carpenter and they have six children who are attending schools. Adama sells market food -- rice, palm-oil (the most popular cooking oil), vegetable oil. She also sells cigarettes, soft and hard drinks and clothes. With this loan, she will expand her business by buying more items to add to her current stock of goods. Adama has been in this business for more than twelve 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
  • 5
    View loans »
    Sierra Leone Loans Fundraising
  • $9,478,050
    Funds lent in using Kiva
  • 3,557.0
    Sierra Leone Leones (SLL) = $1 USD