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Kamathor Group
In this Group: Magret, Adama, Fanta, Haja, Kadiatu
Meet the members of the “Kamathor” group from Makeni, a city in northern Sierra Leone. These women are small-scale local entrepreneurs who want to develop their businesses, but lack sufficient capital. Therefore, they formed a group to apply for a loan of SLL 500,000 each from SMT/Kiva lenders. With the help of this loan, they can attract more customers, make more sales and, consequently, improve their living conditions.

Their leader, Magret C., is pictured in the middle, receiving the loan from loan officer Zainab Bangura. The 45-year-old was born in Makeni, is married to an architect, and they have six children, one of whom still attends primary school. For twenty years, Magret has been selling rice, palm-oil (the most popular cooking oil) and firewood. With her share of the loan, she will buy bags of rice, gallons of palm-oil, and piles of firewood to add to her current ones.

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
  • $9,574,925
    Funds lent in using Kiva
  • 3,871.7
    Sierra Leone Leones (SLL) = $1 USD