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Tatasuthekeh Group
In this Group: Sallay, Mamoud, Yeabu, Hawa
Sallay K. (pictured second from left) is the leader of this group of entrepreneurs. Sallay was born in Mile 91, a small town in Northern Sierra Leone. She is married with five children. Her husband is a businessman and her children are attending school – two in primary school and three in secondary school. Sallay has been a businesswoman for seventeen years now. Currently, Sallay sells ready-to-wear-clothes, shoes and locally produced food items. With a loan of SLL 1,000,000 she will buy the above-mentioned items wholesale to add to her current stock.

This is not the first loan that members of this group have enjoyed from SMT/Kiva lenders. Previous Kiva loans have created significant impacts in the lives of these borrowers. Having repaid their last loan successfully, they are again seeking a new loan of SLL 1,000,000. With the help of this loan, they will be able to further expand their businesses, make more sales, and consequently improve their living conditions.

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
  • 31
    View loans »
    Sierra Leone Loans Fundraising
  • $9,245,200
    Funds lent in using Kiva
  • 3,925.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Tatasuthekeh Group's $1,025 loan helped a member buy ready-to-wear-clothes, shoes and locally produced food items.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011