A loan of $1,975 helped a member to buy additional frozen fish to sell.


Frozen Fish Mongers Group's story

This is Kadiatu T., Sama T., Kadiatu S., Hawa K., and Abie J.. They named their group Frozen Fish Mongers, picking a name that reflects their trade. They are all local entrepreneurs in Makeni in northern Sierra Leone. This is not their first loan from Kiva through SMT. They all previously received several loans from Kiva through SMT. Each member of the group received a loan of Le 1,200,000 during the last loan cycle. That loan created meaningful impacts in the lives of these borrowers. They were able to use the proceeds to pay for their children’s school fees. They’re also able to feed and clothe themselves and their children with the income generated from the loans. Today, they are requesting a loan of Le 1,300,000 each to buy more cartons of frozen fish to add to their businesses.

Kadiatu (back row, right) is the leader of the group. She is forty-five years of age. She was born in Makeni, northern Sierra Leone. She is married to a businessman and the couple has four children. Two of her children are in college and two are in secondary schools. Kadiatu has been a businesswoman for over twenty years now.

Kadiatu, like the rest of the group members, sells frozen fish. With this new loan, she will expand her business. She will be able to buy about ten cartons of frozen fish. She usually travels to Freetown to buy the fish. The fare to Freetown is Le 12,000 and she usually pays a delivery fee of Le 1,000 per carton. In Freetown, the price for a carton of fish ranges between Le 65,000 to Le 95,000 depending on the type and quality.

So far, Kadiatu 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. To Kadiatu and her colleagues in the group, an increase in profit means making their lives better. They will be able to take good care of their children, specifically their educational and nutritional needs, and save some money for emergencies.

In this group: Kadiatu, Sama , Kadiatu, Hawa, Abie
*not pictured



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Loan details