Check out some available loans that are similar to this one!
Pay Quick Ii Group
In this Group: Adama, Lucy, Kadiatu, Mabinty
Meet the members of the “Pay Quick II” group from the city of Makeni in northern Sierra Leone. They are seeking a loan of SLL 500,000 for each member of the group in order to expand their businesses. In this way, they can make more sales, better profit and consequently improve their standard of living.

The leader of this group is Adama K. who pictured in the middle receiving the loan from loan officer Zainab Bangura. Born in Makeni, the thirty-three-year-old is married and has two children – one in primary school and the other in secondary school. For five years now, Adama has been selling clothes for babies. With her share of this loan, she will expand her business by buying the more baby clothes to add to her business inventory.

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
  • 22
    View loans »
    Sierra Leone Loans Fundraising
  • $9,015,475
    Funds lent in using Kiva
  • 3,871.7
    Sierra Leone Leones (SLL) = $1 USD