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Sabenty Group
In this Group: Baby, Saffie, Hawa, Isatu
Baby is the leader of this group of entrepreneurs. A native of Sanda Tandarin village in Northern Sierra Leone, Baby is thirty eight years old. She is married to a fisherman and the couple has five children together. Three of their children are attending primary school, one is in secondary school, and the other is in college.

Baby has been a businesswoman for many years now. She sells drinks, tied plastic water, plastic bags, etc. With the help of this loan, Baby and her teammates will be able to expand their respective businesses, make more sales and consequently improve their living conditions. Baby will use her share of the loan (500,000 SLL) to expand her business by buying the above mentioned items in bulk to add to her current inventory.

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
  • 6
    View loans »
    Sierra Leone Loans Fundraising
  • $8,977,275
    Funds lent in using Kiva
  • 4,375.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabenty Group's $475 loan helped a member to buy drinks, tied plastic water, and plastic bags in bulk to add to her inventory.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2012
Listed
Jan 21, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2012