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Bush House Group
In this Group: Musu , Amie , Ya Yabu , Baby , Rosaline
Musu is the leader of this group of entrepreneurs. Musu was born in 1954. She is a widow with five children, two of whom are attending primary schools. Musu sells palm oil (the country’s most popular cooking oil), firewood, charcoal and other goods.

With the help of this loan, Musu and her group members will be able to expand their respective businesses, make more sales and consequently improve their living conditions. Musu will use her share of the loan (SLL 700,000) to buy palm oil, firewood and charcoal in large quantities to add to her business.

(Also included on the right of the photo is loan officer Rosaline, posing with the clients).

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
  • 16
    View loans »
    Sierra Leone Loans Fundraising
  • $9,066,925
    Funds lent in using Kiva
  • 4,318.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Bush House Group's $825 loan helped a member to buy palm oil, firewood and charcoal in large quantities to add to her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013