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Haja Conteh Group
In this Group: Haja , Fatmata
This is Haja C. and Fatmata K.. They named their group "Believe In God." They are local entrepreneurs in Makeni in northern Sierra Leone. This is not their first loan from Kiva through SMT. They have received several loans from Kiva through SMT. Previously, each group member received a loan of Le 600,000.00. That loan created meaningful changes in the lives of these borrowers. They were able to use the proceeds to pay for their children’s school fees, and to feed and clothe themselves and their children with the income generated from the loans.

Again, they are requesting a loan of Le 600,000 each to buy more goods to add to their businesses.

Haja (on the left) is the leader of the group. She is thirty-eight years of age. She was born in BatK., which is about thirty-six miles from Makeni. She is married to a photographer and they have six children. Two of her children are in secondary school, two are in primary school, one is in nursery school, and the last is not yet of school age. She has been a businesswoman for over twenty years.

Haja sells articles like toothpaste, Vaseline, jewelry, fingernail polish, and baby powder. With this new loan, she will expand her business. She will buy at least a carton of toothpaste, a carton of Vaseline, a carton of powder and dozens of earrings. She usually travels to Freetown, where she buys the items that she sells. The fare to Freetown is Le 12,000. In Freetown, a carton of toothpaste costs at least Le 200,000, and it costs Le 150,000 for a carton of Vaseline and Le 150,000 for a carton of powder.

So far, Haja faces no serious challenge in her business that are worth noting. Business is going fine and well. She enjoys what she does for a living. With the increase in profit that Haja will make as a result of the loan, she will be saving to buy a plot of land to build a house in the future.

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
  • 14
    View loans »
    Sierra Leone Loans Fundraising
  • $9,076,200
    Funds lent in using Kiva
  • 2,985.0
    Sierra Leone Leones (SLL) = $1 USD