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Sayie Ii Group
In this Group: Abdul Razak, Fatmata, Aminata, Fatmata , Mariatu
In the photo are members of the “Sayie II” group. They are small-scale businesspeople based in Waterloo, a small town in western Sierra Leone. They are seeking a loan of 800,000 SLL for each from SMT/Kiva lenders. With this loan, they will be able to expand their businesses, make more profit and consequently improve their standard of living.

The leader of this group is Abdul. Abdul is age 36. He was born in Masingbie village in northern Sierra Leone but he is currently residing in Waterloo, together with his wife and four children. His wife is a trader and two of his children are attending primary school, one is in secondary school and the last is not of school-going age. For 10 years now, Abdul has been selling gari (food made out of cassava roots), palm oil, rice, etc. With this loan, Abdul will buy the above-mentioned items at wholesale to add to his 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
  • 26
    View loans »
    Sierra Leone Loans Fundraising
  • $9,095,750
    Funds lent in using Kiva
  • 4,337.0
    Sierra Leone Leones (SLL) = $1 USD