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Believe God Group
In this Group: Zainab, Aminata , Marie, Ramatu , Josephine
The members of the Believe God group are small-scale businesswomen in the town of Magburaka, located in northern Sierra Leone. They have come to SMT/Kiva to seek a loan of Le 500,000 each for the very first time to enable them to improve their businesses. With such a loan, they will be able to expand their businesses both in size and quality. In this way, they can make more sales and better profit. Consequently, their living standards will improve – they will be able to better support their school-going children in terms of feeding, clothing and meeting school expenses.

Zainab F. (on the left in the photo), born in Matotoka village, is the leader of this group. Thirty-eight years old, she is married to a farmer, and they have five children, all attending either primary or secondary schools. Zainab sells market food – rice, pepper, palm-oil (the most popular cooking oil) etc.- in Masimgbin village, about 25 miles from Magburaka town. She has been doing business now for many years.

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
  • 47
    View loans »
    Sierra Leone Loans Fundraising
  • $10,094,200
    Funds lent in using Kiva
  • 3,755.0
    Sierra Leone Leones (SLL) = $1 USD