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Sia Hawa

Update on Sia Hawa

Greetings are coming to you from Sia, a Kiva borrower from the city of Koidu, in eastern Sierra Leone. Having repaid her last Kiva loan successfully, Sia is humbly requesting a new loan of 5,000,000 Sierra Leonean leones in order to further expand her business. Her first Kiva loan made a very huge impact in her business and personal well-being. She was able to make more sales, earn a better profit, and repay the loan. Sia also used the profit she made to buy a plot of land for the future construction of a house and a motor-bike taxi. Though sometimes sales are slow and she faces some bad debtors, Sia is very grateful to you as the previous loan has tremendously improved her business. Sia is requesting a new loan to buy more jewelry to add to her current stock. It is Sia's dream to increase her business inventory to a level such that she will no longer ask for loans from SMT/Kiva lenders, and she will proudly conduct her business with her own money.

Previous Loan Details

Sia, age 35, earns an income by selling jewelry. She was born in the village of Tumbodu. Sia and her husband have one child. Her husband is a trader and her child is attending primary school. Sia has been engaged in her business for the past 13 years. She has requested a loan of in the amount... More from Sia Hawa's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Sierra Leone

  • $2,100
    Average annual income
  • 57
    View loans »
    Sierra Leone Loans Fundraising
  • $9,327,250
    Funds lent in using Kiva
  • 4,319.7
    Sierra Leone Leones (SLL) = $1 USD