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Na God Da Gee Group
In this Group: Aminata, Fatmata, Adama, Gbasay, Mariama
Aminata C. is the leader of this group of five entrepreneurs. She was born about forty-seven years ago in Magburaka, a town in northern Sierra Leone. She is a widow with three children who are all grown-ups now. For eight years now, Aminata has been selling cassava roots, palm-oil (the most popular cooking oil), rice, foo-foo (food made out of cassava roots), etc.

This is the first loan that Aminata and her group members have applied for from SMT/Kiva. With the help of this loan, they will be able to expand their businesses, make more sales, and consequently improve on their living conditions.

Aminata will use her SLL 500,000 share of the loan to expand her business; she will buy cassava roots, gallons of palm-oil, gari, foo-foo, etc., to add to her 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

  • $903
    Average annual income
  • 14
    View loans »
    Sierra Leone Loans Fundraising
  • $9,076,200
    Funds lent in using Kiva
  • 3,932.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Na God Da Gee Group's $650 loan helped a member to buy more cassava roots, gallons of palm-oil, gari, foo-foo, etc., to add to her current stock.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2010
Listed
Aug 7, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 20, 2011