Check out some available loans that are similar to this one!
Sorbeh Ii Group
In this Group: Mahawa, Hannah, Saffie, Isatu, Fatu
In the photo are members of the “Sorbeh II” group. They are small-scale businesswomen based in Waterloo, a small town near Freetown, Sierra Leone’s capital city. This is the first loan these entrepreneurs are accessing from SMT/Kiva. 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 Mahawa, a native of Port Loko in Northern Sierra Leone. Currently, she is residing in Waterloo with her husband and three children. Her husband is a driver and her children are attending primary schools. For many years, Mahawa has been selling market food such as rice, palm oil and tomatoes. With her share of this loan, she is going to buy more of these items in bulk to add to her current stock.

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
  • 4,300.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Sorbeh Ii Group's $825 loan helped a member to buy rice, palm oil, tomatoes, etc. in bulk to add to her current stock.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 18, 2013