Update on Munafa GroupMeet the current members of Munafa Group, from Kabala, a town in northern Sierra Leone. They are all local entrepreneurs who have come to SMT, a partner of Kiva.org, to apply for a loan. Their loan amount is SLL 800,000 for each (SLL 2,400,000 in total). With the help of this loan, they will be able to expand their respective businesses, make more sales and, consequently, improve their living conditions.
Bor Feremusu is the featured leader of this group. The 25-year-old is married to a motorcycle taxi driver, and together they have two children. The children are attending primary school. Bor Feremusu sells clothes and other merchandise, like shoes and cosmetics. She has requested this loan in order to buy inventory, in bulk, to add to her stock, including clothes, shoes, and cosmetics.
Previous Loan DetailsIn the photo are members of the “Munafa” group. They are small-scale businesswomen based in Kabala, a town in northern Sierra Leone. This is the first loan these entrepreneurs are accessing from SMT/Kiva lenders. With this loan, they will be able to expand their businesses, make more profit and c... More from Munafa Group's previous loan »
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
This is a Group Loan
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Success!! The loan was 100% repaid