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Maporta Group
In this Group: Sallay, Ya Yeabu, Ibrahim C., Joseph
This is Sallay K., Ya Yeabu S., Ibrahim C. T. and Joseph T.. Sallay (on the left) is the leader of this group. Sallay was born in Maporta, one of several villages surrounding Magburaka town. She is now 40, her husband is already retired, and they have six children. Her children are all in secondary school. Sallay has been a businesswoman for many years and she sells groundnuts (peanuts). She will use this loan to buy about four bags of groundnuts. The price for a bag of groundnut varies from season to season and from one location to another. Currently, a bag of groundnuts costs her Le 200,000 SLL in Luma villages, which rotate as business centers.

This group is named Maporta, after the group leader’s home village. They have been receiving loans from Kiva lenders through SMT. Previous loans have had a huge impact on the lives of these entrepreneurs. Their businesses grew and they can feed, clothe and send their children to school. Having repaid their previous loan successfully, they feel the need to request a new loan in order to keep strengthening their businesses.

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
  • 38
    View loans »
    Sierra Leone Loans Fundraising
  • $10,068,550
    Funds lent in using Kiva
  • 3,125.0
    Sierra Leone Leones (SLL) = $1 USD