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Fight Against Shame Group
In this Group: Isatu , Haja, Zainab, Kadiatu , Mariatu
Salone Microfinance Trust (SMT), a partner of Kiva.org in Makeni, northern Sierra Leone is very pleased to present to you members of the “Fight against Shame” group. They are small-scale businesswomen based in Lunsar, northern Sierra Leone. They are requesting a loan of SLL 500,000 for each member to improve on the size and quality of their respective businesses.

Isatu is the leader of this group. Isatu was born in Port Loko, northern Sierra Leone. A widow, Isatu has six children – one in primary school, two in secondary school, one in college and the others are no longer attending schools.

Isatu sells clothes for both men and women. She has been in this business for 10 years now. With the help of this loan, Isatu is going to buy both men's and women’s clothes in bulk 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
  • 35
    View loans »
    Sierra Leone Loans Fundraising
  • $9,111,150
    Funds lent in using Kiva
  • 4,354.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Fight Against Shame Group's $575 loan helped a member to buy both men's and women’s clothes in bulk to add to her business inventory.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2011
Listed
Aug 5, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012