A loan of $650 helped a member buy cooking materials like rice, palm-oil, onions, fish in large quantity and invest in her small "Cigarette Box" business.

Masiade Group's story

These are a group of small-scale entrepreneurs in the town of Magburaka in northern Sierra Leone. They formed themselves into a group they named 'Masiade' in order to apply for a loan from Kiva lenders through SMT. They are requesting a loan of SLL 500,000 each in order to expand their businesses both in terms of size and quality. Consequently, sales and level of income will improve so that they can better support themselves and their children.

On the left in the photo is Sally M., the leader of this group of five. Sally was born in Freetown forty years ago. She is married to a policeman and they now live in Magburaka town together with their four children. Their children are attending secondary and primary schools respectively.

Sally sells cooked rice as her main business and cigarettes, kerosene, mints, chewing gum, biscuits, matches and so on in a little kiosk, called here "Cigarette Box". Sally has been a businesswoman for four years now. With her share of this loan, she will invest in her cooked rice business by buying cooking materials like rice, palm-oil, onions, and fish in large quantity to reserve for daily use. And she will also use part of the loan to invest in her small 'Cigarette Box' business.

In this group: Sally, Haja , Zainab, Isatu, Mary
*not pictured

Loan details

Lenders and lending teams

Loan details