Total loan: $4,125
Memunatu's Female Farmers Group
Makaray Village, , Sierra Leone / Agriculture
Flag of Sierra Leone
Memunatu's Female Farmers Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to pay for improved seeds, organic inputs and a tractor rental, which will improve her production and profitability.
Memunatu's Female Farmers Group's story
Memunatu (first on the left), featured borrower of Memunatu's Female Farmers group, would like to thank all of Kiva's lenders for their third loan. It enabled the group to become economic pillars in their community and to participate in a new program in which each borrower receives farm equipment services on loan, in exchange for interest-free repayment in raw rice at the time of harvest. The group is now making an important contribution to their community's food security, and each individual member is now engaging at least one assistant in their farming (creating new employment). Imported rice prices are increasing dramatically in Sierra Leone due to the COVID-19 pandemic, which has had the impact of improving the local market for these farmers. The group therefore wishes to continue expanding their activities with a new loan, to take advantage of better prices and address the need for local food production, which is now more urgent than ever.