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Tagbaneh Group
In this Group: Fatu , Ejiatu
Salone Microfinance Trust (SMT), a partner of Kiva's in Makeni, northern Sierra Leone, is very pleased to present to you the members of the “Tagbaneh” group. They are small-scale entrepreneurs who have come to SMT/Kiva's lenders to request a loan of 1,500,000.00 SLL each in order to invest in their businesses.

Fatu is the leader of this group. She is a 64-year-old widow with six children, two of whom are attending primary and secondary schools. Fatu sells market food – margi (used to give sauces a sweet taste), pepper, cooking oil, etc. – and has been doing this for many years now. With the help of this loan, Fatu will buy margi, pepper, cooking oil, etc. in large quantities for her business.

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
  • 41
    View loans »
    Sierra Leone Loans Fundraising
  • $9,978,950
    Funds lent in using Kiva
  • 4,339.7
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Tagbaneh Group's $700 loan helped a member to buy margi, pepper, cooking oil, etc. in large quantities for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 15, 2013
Jan 23, 2013
Currency Exchange Loss:
Dec 17, 2013