Funded

Total loan: $500
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Kamalaneh Group

Sierra Leone
Waterloo, Sierra Leone / Food Market

A loan of $500 helped a member to invest in food market business.


Kamalaneh Group's story

These ladies--Mary M. K., Kadiatu S. and Patricia E. S.--are local entrepreneurs in the small town of Waterloo. They've named their group Kamaleneh. They have been in business for several years now but their businesses have been growing at a very slow pace. With the arrival of SMT (Salone Microfinance Trust) in Waterloo a few months ago, they have applied for a loan of Le 500,000 each, in order to boost their businesses. With this loan, they will be able to increase their inventory, make more profit, assist their school-going children, and meet most of their daily financial challenges.

Mary M. K. (right) is the leader of this group. Mary is 39 years of age. She was born in Lunar, northern Sierra Leone, but now resides in Waterloo, 20 miles from Freetown. Her husband is a businessman and they have three children together. One of their children is in college, another is in secondary school and the last is in primary school.

Mary sells gari (fast food made by grinding cassava), palm oil (the most popular cooking oil) and wheat. She has been a businesswoman for over ten years now. With this loan, she will be able to buy goods in large quantity, make more profit and improve her standard of living.

In this group: Mary M., Kadiatu, Patricia E.
*not pictured



Loan details

Loan length:

9 months
Disbursed date: June 12, 2009
Facilitated by Field Partner: Salone Microfinance Trust (SMT), a partner of ChildFund International

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: June 12, 2009
Facilitated by Field Partner: Salone Microfinance Trust (SMT), a partner of ChildFund International