Check out other loans that are currently fundraising!
Ansorbeh Group
In this Group: Adama, Umu , Isatu, Fatmata, Kadiatu
Adama T., Umu K., Isatu S., Fatmata S., Fatmata T. and Kadiatu T. are local entrepreneurs in the town of Magburaka, in northern Sierra Leone. They call their group Ansorbeh which is a Temne word for steadfastness. This group is requesting their first loan from SMT/Kiva, for the amount of SLL 2,500,000 (SLL 500,000 each). With the help of this loan, they will be able to improve their businesses by adding more goods into their stalls. This will attract many customers into their businesses and as a result their sales and profits will increase, improving their way of life.

Adama T. is the leader of this group. Adama was born in a village call Songo, which is ~36 miles away from Magburaka town. Adama is approximately 37 years old. Her husband is a driver and they have two children who attend primary school. Adama has twenty years of experience in business. She sells palm oil, the most popular cooking oil. With this loan, she plans to expand her business to also sell rice.

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
  • 26
    View loans »
    Sierra Leone Loans Fundraising
  • $9,245,175
    Funds lent in using Kiva
  • 3,850.0
    Sierra Leone Leones (SLL) = $1 USD