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Hope To God Group
In this Group: Ibrahm, Memuna
This is Ibrahim S. and Memuna T.. They named their group "Hope to God". This is not the first loan these entrepreneurs have accessed from SMT/Kiva. Previous loans have created a tremendous impact on the businesses and the personal lives of these entrepreneurs. Having repaid their last loan successfully, they are asking for a new loan of $600. With this loan, they will be able to increase the sizes and qualities of their businesses, and consequently make a better profit and improve on their standard of living.

Ibrahim S. (right) is the leader of this group. Ibrahim is twenty-three years old. He was born in Magburaka town, in Northern Sierra Leone. Ibrahim dropped out of school because his parents could not afford to pay his tuition fees. He started selling used clothes (referred to here as junks or kongo klose) five years ago. Out of his "junks" business he is able to sustain himself and support his parents.

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

  • $2,100
    Average annual income
  • 44
    View loans »
    Sierra Leone Loans Fundraising
  • $10,082,750
    Funds lent in using Kiva
  • 3,122.0
    Sierra Leone Leones (SLL) = $1 USD