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Unity Group
In this Group: Melrose A., Adama , Mohamed S., Salifu A., Mary
Meet the members of the Unity Group from Lunsar, a town in northern Sierra Leone. They are all local entrepreneurs who have come to SMT, a partner of Kiva, to apply for a loan of SLL 500,000 for each person. With the help of this loan, they will be able to expand their businesses, make more sales, and consequently improve their living conditions.

Melrose is the leader of this group. Melrose is married, and the couple has two children, who are attending primary and secondary schools. Melrose sells palm oil (the country's most popular cooking oil), beans and charcoal. She has been doing business for seven years. With the help of this loan, Melrose is going to buy the above-mentioned items in large quantity, to add to her current stock.

(Included at the right side of the photo is loan officer Sarah, posing with the borrowers.)

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
  • 26
    View loans »
    Sierra Leone Loans Fundraising
  • $9,245,175
    Funds lent in using Kiva
  • 4,337.8
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Unity Group's $600 loan helped a member to buy palm oil, beans and charcoal in large quantity, to add to her current stock.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Jan 28, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013