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Ka-Lomp Group
In this Group: Kadiatu , Isatu , Isatu
These are small scale businesswomen in the northern city of Makeni. They have come to SMT for the very first time to seek a loan of SLL 500,000 for each to enable them expand their businesses. With a loan of SLL 500,000, they will be able to add more stocks into their businesses, make more sales, and more profit. Consequently, they will be able to improve their standard of living by sending their children to school, feed and clothe them.

Kadiatu D. (left) is the leader of this group. She was born in Sanda village, in northern Sierra Leone. She is now forty-seven years of age, married to a lecturer and they have two children together – one of her children is attending Junior Secondary School I (JSS I) and the other is in Primary School III. Kadiatu sells rice. She has been selling rice for more than twenty years now. She will invest her share of the loan into her rice business. Depending on the price for a bag of rice (price keeps fluctuating), she will buy five or six bags of rice to add to the two bags of rice she is currently trading with.

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
  • 14
    View loans »
    Sierra Leone Loans Fundraising
  • $9,478,075
    Funds lent in using Kiva
  • 3,795.0
    Sierra Leone Leones (SLL) = $1 USD