Check out some available loans that are similar to this one!
Alikakay Group
In this Group: Fatu, Isatu, Isatu, Marie
Pictured here are members of the 'Alikakay' group from the town of Magburaka in northern Sierra Leone. These are a group of small-scale-entrepreneurs who have applied for a loan of SLL 800,000 for each member of the group in order to buy more goods to add to their business inventory. In this way, they can attract many more customers, make more sales, and consequently improve their living conditions.

The leader of this group is Fatu K.. The 46-year-old was born in Magburaka town; she is married to a shepherd and they have 4 children. Fatu sells market food and also rears and sells cattle. She has been a businesswoman for many years now. With her share of the loan, she will buy market food like rice, onions, Maggi cubes (used to give sauce a sweet taste), etc. to add to her business inventory.

(Also in the picture is loan officer Abdul Karim, on the right.)

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
  • 43
    View loans »
    Sierra Leone Loans Fundraising
  • $9,192,975
    Funds lent in using Kiva
  • 3,918.1
    Sierra Leone Leones (SLL) = $1 USD