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Tawoprr Group
In this Group: Babah, Adama, Marie, Iye
Babah K. (pictured on the left) is the leader of this group of entrepreneurs. Babah was born in Magburaka town, about 49 years ago. He is married to a businesswoman and he has eight children, all of whom are attending secondary schools. For many years now, Babah has been selling rice, onions, margi (used to give sauce a sweet taste), tomatoes, toothpaste, toothbrushes, etc. This is the first loan that Babah and his group members have applied for from SMT/Kiva lenders. With the help of this loan, they will be able to expand their businesses, make more sales and consequently improve their living conditions. Babah will use his share of the loan (SL 1,500,000) to expand his business. He will buy the above-mentioned items at wholesale to add to his current stock.

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
  • 51
    View loans »
    Sierra Leone Loans Fundraising
  • $9,344,750
    Funds lent in using Kiva
  • 3,925.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Tawoprr Group's $1,000 loan helped a member to buy rice, onions, margi, tomatoes, toothpaste, toothbrushes, etc. at wholesale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2010
Listed
Jun 18, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011