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Na We Yone Group
In this Group: Aminata, Osman, Magret , Kadiatu
This is Aminata S., Osman B., Magret K. and Kadiatu S.. They named their group Na We Yone. They are all local entrepreneurs in Waterloo small-town which is about twenty-two miles away from Freetown. This will be the first loan these entrepreneurs are accessing from SMT, a partner of Shine On Sierra Leone. With this loan, they will be able to expand their businesses both in size and quality. In this way, they will make better profit to look after themselves, children and extended family members.

Aminata S. (right and attached below) is the leader of the group. She is thirty years of age. She was born in Waterloo. Her husband is a businessman and the two of them have one child who is attending school. Aminata sells ground-nuts, bulgur wheat and beans. She has been a businesswoman for five years now. With this loan, she will buy two bags of beans. A bag costs her Le 250,000.00.

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
  • 14
    View loans »
    Sierra Leone Loans Fundraising
  • $9,542,800
    Funds lent in using Kiva
  • 3,505.0
    Sierra Leone Leones (SLL) = $1 USD