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Nor Listn Den Say Group
In this Group: Maseray, Amie , Kadiatu , Mamusu , Fatu
Maseray is the leader of this group of entrepreneurs. Maseray was born in Northern Sierra Leone. She is about 42 years of age. She is married to a driver and the couple has 8 children who are in secondary and tertiary institutions.

Maseray has been a businesswoman for many years now. She sells rice and palm-oil. This is the first loan that Maseray and her group members have applied for from SMT/Kiva lenders. With the help of this loan, they will be able to expand their businesses, make more sales and consequently improve on their living conditions. Maseray will use her share of the loan (600,000 SLL) to expand her business. She will buy bags of rice and gallons of palm-oil 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

  • $2,100
    Average annual income
  • 51
    View loans »
    Sierra Leone Loans Fundraising
  • $9,342,250
    Funds lent in using Kiva
  • 4,340.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Nor Listn Den Say Group's $700 loan helped a member to buy bags of rice and gallons of palm-oil to add to her business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 10, 2011
Listed
Nov 21, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2012