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Tamenkoh Ii Group
In this Group: Fatmata , Mabinty, Zainab, Zainab
These are small-scale businesswomen in the town of Magburaka in northern Sierra Leone. They are requesting a loan of SLL 500,000 each from Kiva lenders through SMT. With the help of this loan, they will be able to expand their businesses both in size and quality. In this way, they can make more sales, earn more profit, and consequently improve their standard of living.

Fatmata K. on the left is the leader of this group. Fatmata was born in Magburaka forty-six years ago. She is married to a miner and they have three children. Two of their children are in junior secondary school and one is in primary school.

Fatmata sells bowls, baskets and slippers/flip-flops. Fatmata has over ten years of experience in this business. With her share of this loan, she will buy bowls, slippers, and baskets.

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
  • 46
    View loans »
    Sierra Leone Loans Fundraising
  • $10,068,575
    Funds lent in using Kiva
  • 3,900.0
    Sierra Leone Leones (SLL) = $1 USD