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Tamaraneh Traders Group
In this Group: Kadiatu, Magrette
This is Kadiatu T. and Magrette S. and they named their group Tamaraneh Traders. They are small-scale businesswomen in Makeni, in northern Sierra Leone. These entrepreneurs have benefited from previous SMT/Kiva loans. With the help of those loans, they were able to pay their house rent, feed their families and pay school fees for their children.

Having repaid the previous loan successfully, Tamaraneh Traders are asking for a new loan of Le 1,200,000 each to further improve their businesses.

Kadiatu T. (right) is the leader of this group. Kadiatu is now age fifty-five and is married with four children. Two of her children are already grown-ups and two are in secondary schools. Kadiatu was born in Port Loko but now resides in Makeni where she sells local produce like rice, palm-oil, groundnuts (peanuts), etc. She has been a businesswoman for more than twenty years now.

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
  • 43
    View loans »
    Sierra Leone Loans Fundraising
  • $10,094,200
    Funds lent in using Kiva
  • 3,285.0
    Sierra Leone Leones (SLL) = $1 USD