Check out other loans that are currently fundraising!
Believe In God Iii Group
In this Group: Ibrahim , Adama , Alie , Fatmata
Ibrahim is the leader of this group of entrepreneurs. Ibrahim was born 37 years ago, in Kamakwe, in northern Sierra Leone. He is married to a trader and the couple have four children, one is in primary school and three are in secondary school.

For 15 years now, Ibrahim has been a businessman. Currently, he is selling cigarettes and medicines.

This is the first loan that Ibrahim and his group members have applied for from Salone Microfinance Trust (SMT)/Kiva lenders. With the help of this loan, they will be able to expand their businesses, make more sales, and consequently improve upon their living conditions.

Ibrahim is going to use his share of the loan to buy a large and wide variety of cigarettes and medicines, to add to his 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

  • $2,100
    Average annual income
  • 54
    View loans »
    Sierra Leone Loans Fundraising
  • $9,327,250
    Funds lent in using Kiva
  • 4,320.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Believe In God Iii Group's $675 loan helped a member to buy a large and wide variety of cigarettes and medicines for his business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013