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United Traders Group
In this Group: Marie, Yeabu, Marie
Marie B. (pictured second from right) is the leader of this group. Marie was born in Magburaka. She is 38 years of age, married to a teacher, and they have four children who are attending primary school. Marie sells market food such as groundnut (peanuts), rice and palm oil (the country’s most popular cooking oil). She has been running this business for five years now. With the help of this loan, she will buy rice, groundnut and palm oil wholesale in order to expand the size and quality of her business.

In the picture are members of the "United Traders" Group and loan officer, Mohamed L. Tarawalie, on the right, handing over the loan. They are small scale businesswomen in the northern town of Magburaka. With the help of this loan, these entrepreneurs will be able to expand their businesses, make more sales and better profit. Consequently, their living conditions will improve – they can at least provide three meals a day for their children, pay their school fees, buy them clothes to wear, and pay their medical bills in case any of them falls sick.

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
  • 40
    View loans »
    Sierra Leone Loans Fundraising
  • $9,194,175
    Funds lent in using Kiva
  • 3,937.0
    Sierra Leone Leones (SLL) = $1 USD