Check out some available loans that are similar to this one!
Futha United Group
In this Group: Aminata , Fatmata , Fatmata , Adama , Isatu
Aminata is the featured leader of this group of entrepreneurs. Aminata is married to a businessman and the couple has three children, two of whom are still attending primary schools and one in secondary school. For many years now, Aminata has been selling cooked rice with delicious sauce. The 32-year-old has requested this loan in order to buy cooking ingredients such as rice, fish, tomatoes, onions and pepper in order to cook a large quantity of rice and sauce for sale.

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
  • 30
    View loans »
    Sierra Leone Loans Fundraising
  • $9,076,200
    Funds lent in using Kiva
  • 4,342.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Futha United Group's $600 loan helped a member to buy cooking ingredients such as rice, fish, tomatoes, onions and pepper in order to cook a large quantity of rice and sauce for sale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2013
Listed
Jan 16, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014