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Tanut Group
In this Group: Isatu, Aminata, Fatmata, Mariatu, Mariama, Saudatu
Isatu C. is the leader of this group of entrepreneurs from Makeni, a city in northern Sierra Leone. She has been selling different types of clothes and fabrics for many years now. She is a 40-year-old, married to a driver, and they have three children. Two of her children are attending secondary school and the other is a lorry driver.

Like other mothers, Isatu wants to give her children a proper education and a bright future. She however depends on her business in order to achieve this. She and her group members have thus applied for a loan of SLL 4,400,000 from SMT, a partner of Kiva in Sierra Leone in order to expand their businesses. With the help of this loan, Isatu will buy bales of clothes to add to her business.

(Attached to this photo are some snapshots of borrowers who were 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

  • $903
    Average annual income
  • 0
    View loans »
    Sierra Leone Loans Fundraising
  • $8,868,550
    Funds lent in using Kiva
  • 3,877.8
    Sierra Leone Leones (SLL) = $1 USD