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Groundnut Granner Group
In this Group: Abdul, Alpha, Osman, Saidu , Alhassan
Pictured here are members of the “Groundnut Granner” group from Lunsar, a town in northern Sierra Leone. They are small businessmen who are requesting loans for 500,000 SSL for each group member from SMT. With this loan, they will be able to add more goods to their businesses, attract more customers, make more sales and profit, and improve on their living conditions.

The leader of this group of entrepreneurs is Abdul. Abdul is 45 years old, married, and has four children, three of whom attend secondary school. He was born in Lunsar. His wife is a businesswoman. Abdul sells and grinds groundnuts. He also sells gari and baskets. He has requested this loan in order to buy groundnuts in large quantities to grind and sell.

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
  • 54
    View loans »
    Sierra Leone Loans Fundraising
  • $9,347,350
    Funds lent in using Kiva
  • 4,300.0
    Sierra Leone Leones (SLL) = $1 USD