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Small-Small Group
In this Group: Fatmata S., Zainab, Linda, Adama, Abibatu
Pictured here are members of the 'Small-Small' group from Magubraka town, in northern Sierra Leone. They are small-scale entrepreneurs who have applied for a loan of SLL 500,000 for each member of the group in order to expand their businesses. Consequently, they can make more sales, better profit and improve their standard of living.

The leader of this group is Fatmata S. K.. Fatmata was born in Magburaka. She is married and has five children. Fatmata’s husband is a motor mechanic and her children are attending schools – one in secondary school and four in primary school. For eight years now, Fatmata has been selling medicines. With her share of the loan, she will buy Penadol, Chloroquine, ORS, and many different kinds of tablets to add to her pharmacy inventory.

(Attached to this photo is a snapshot of a borrower who was not able to be present for the group photo.)

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
  • 62
    View loans »
    Sierra Leone Loans Fundraising
  • $9,347,350
    Funds lent in using Kiva
  • 3,918.1
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Small-Small Group's $650 loan helped a member buy Penadol, Chloroquine, ORS, etc., to add to her pharmacy inventory.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011