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Try For Me Group
In this Group: Marie, Aminata, Marie
These are the members of the Try for Me group. They are small-scale businesswomen from Magburaka town in northern Sierra Leone. They are requesting a loan of 500,000 SLL each for the very first time to enable them to improve the quality and size of their businesses. With a lot of goods on their stalls, they will be able to attract more customers, make more sales and increase their profits. Consequently, they will be able to look after themselves and their children better.

Marie K. (pictured right) is the leader of this group. Marie was born in a village called Yere in northern Sierra Leone. She is 35 years old, married to a businessman, and has three children. Two of Marie’s children are in secondary school and one is in primary school. Marie sells palm oil (the most popular cooking oil), rice and other locally-produced foodstuffs. She has been in this business for many years now. With this loan, she will be able to expand her business, make more sales and generate a better profit.

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
  • 45
    View loans »
    Sierra Leone Loans Fundraising
  • $10,082,750
    Funds lent in using Kiva
  • 3,400.0
    Sierra Leone Leones (SLL) = $1 USD