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Tabotsaneh Group
In this Group: Wurie , Alice, Memuna
These are members of the Tabutsaneh group. This will be the first loan these entrepreneurs are accessing from SMT/Kiva. They have been in business for many years now but business has been developing at a very slow pace. They have thus come to SMT/Kiva to seek a loan of SLL 1,500,000 (or SLL 500,000 for each) to help them improve their businesses.

Wurie T. in the middle is the leader of this group. Wurie was born in Magburaka, a town in northern Sierra Leone. He is married with four children. Wurie’s wife is a petty businesswoman and his children are attending school -- one is in junior secondary school and the rest are in primary school. Wurie sells palm-oil (the most popular cooking oil) and husk rice. He has been a businessman for eight years now. He will use this loan to buy husk-rice which he will clean and sell.

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
  • 0
    View loans »
    Sierra Leone Loans Fundraising
  • $8,868,550
    Funds lent in using Kiva
  • 3,857.0
    Sierra Leone Leones (SLL) = $1 USD