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Voice Of Women Group
In this Group: Adama, Larisa I , Fatmata, Lucy V., Esther S.
Salone Microfinance Trust (SMT), a partner of Kiva.org in Makeni, northern Sierra Leone, is very pleased to present to you members of the “Voice Of Women” group. These are small-scale entrepreneurs who have come to SMT/Kiva lenders to seek a loan of SLL 800,000 for each in order to invest in their respective businesses.

Adama F. is the leader of this group. Adama is 48 years old and a widow with six children. Three of the children are attending secondary school.

Adama sells cooking oil, magi cubes (used to give sauce a sweet taste), etc. and has been running this business for a very long time. With the help of this loan, Adama will buy the above-mentioned items in large quantity to add to her business.

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
  • 21
    View loans »
    Sierra Leone Loans Fundraising
  • $9,015,475
    Funds lent in using Kiva
  • 3,875.0
    Sierra Leone Leones (SLL) = $1 USD