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Believe In God Group
In this Group: Zainab , Isata , Mamusu , Isata , Fatmata
In the photo are members of the “Believe in God” group, from the township of Lunsar in northern Sierra Leone. This group of entrepreneurs has come to SMT, a partner of, to apply for a loan of SLL 2,500,000 (SLL 500,000 for each). With the help of this loan, they will be able to add more inventory to their respective businesses. This will attract more customers, increase sales and profit, and consequently improve their standard of living.

Zainab is the featured leader of this group. The 50-year-old woman is a native of Lunsar town. She is married to a driver, and the couple has five children. Two of their children are attending primary schools, and three are in secondary schools. Zainab sells palm oil. She has been doing business for many years, now. Zainab is going to use her share of this loan to buy gallons of palm oil to add to her current stock.

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
  • $9,977,925
    Funds lent in using Kiva
  • 4,329.4
    Sierra Leone Leones (SLL) = $1 USD