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Pay Back The Money Group
In this Group: Jariatu, Saffiatu, Aminata, Rugiatu, Abibatu
Pictured here are members of the “Pay Back The Money” group from Makeni, a city in northern Sierra Leone. They are all women who run small businesses and who have come to SMT, a partner of Kiva, in order to seek a loan of 500,000 SLL for each in the group. With this loan, they will be able to add more goods to their businesses, attract more customers, and make more sales and profit. Ultimately, they hope to improve their living conditions.

The leader of this group of entrepreneurs is Jariatu S.. Jariatu was born in the eastern city of Kono 32 years ago. She is single and has three children, two of whom are attending primary school. Jariatu sells “gara lappers” (locally dyed cloths) and has been running this business for four years now. With her share of this loan, she will buy materials to make gara lappers--ink, caustic soda, powder, white cotton cloths, etc.--in order to produce a larger quantity of gara cloths for sale.

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
  • 52
    View loans »
    Sierra Leone Loans Fundraising
  • $9,342,250
    Funds lent in using Kiva
  • 4,175.0
    Sierra Leone Leones (SLL) = $1 USD