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We Dee Woman Group
In this Group: Marie, Aminata, Serrah
These are small-scale businesswomen in Waterloo, a small town in western Sierra Leone where “Shine on Sierra Leone” has partnered with SMT to start a branch. They have come to SMT/Kiva lenders to seek a loan of SLL 800,000 for each to enable them to expand their businesses. With a loan of SLL 800,000, they will be able to add more stock in 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 and feeding and clothing them.

Marie D. is the leader of this group. She was born in Waterloo forty-two years ago. She is married and has four children. Her husband is a businessman and her children are attending schools – one in college and three in secondary school.

Marie sells market food such as palm oil (the most popular cooking oil), vegetable oil, rice, etc. She has been doing this business for more than eleven years now. With her share of the loan, she will expand her business by buying palm oil, vegetable oil and rice wholesale.

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
  • 10
    View loans »
    Sierra Leone Loans Fundraising
  • $9,001,175
    Funds lent in using Kiva
  • 3,930.0
    Sierra Leone Leones (SLL) = $1 USD