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Leh We Member-I Group
In this Group: Fatmata , Kumba , Francis , Mary
In the photo are members of the “Leh We Member-I” group. They are small-scale businesswomen based in Waterloo, a town in western Sierra Leone. They are requesting a loan of 1,200,000 SLL for each member in the group. With the help of this loan, they will be able to expand their respective businesses, increase their profits and consequently improve their standards of living.

The leader of this group is Mary. Mary is 45 years old. She was born in Makeni city in northern Sierra Leone but she currently resides in Waterloo with her husband and two children. For many years now, Mary has been selling firewood. With this loan, she will buy a large quantity of firewood 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
  • 8
    View loans »
    Sierra Leone Loans Fundraising
  • $8,977,275
    Funds lent in using Kiva
  • 4,320.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Leh We Member-I Group's $1,125 loan helped a member to buy a large quantity of firewood to add to her current stock.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013