A loan of $1,700 helped a member to purchase palm oil to sell.


Albarka Group's story

This is Patrick A. K., Kadiatu C., Mary P. K., Aminata K., and Marie L.. They call their group Albarka, a Temne word for thank you. They have received several loans from Kiva through SMT and have repaid them successfully. Their previous loan was for Le 700,000 each and that loan helped them a lot. They were to make higher profits and solve many of their problems. Today, they are requesting a new loan for Le 5,000,000 (or Le 1,000,000 each) to add to their businesses. Patrick (pictured on the right) is the leader of this group. He was born in Makeni in northern Sierra Leone. He is fifty-five years of age and married with ten children. Two of his children are in secondary school, four in primary school, and four are now adults. He has been a businessman for the past thirty years now. He sells palm-oil by the gallon. With this loan of Le 1,000,000, Patrick will buy about fifty to a hundred batters of palm-oil to add to his thirty batters that he is trading with today. (Five gallons make a batter.) He buys the palm-oil in a village called Yele that is about thirty-five miles from Makeni. He sells the palm-oil in Makeni. The price of a batter is not fixed. It ranges from Le 30,000.00 to 50,000.00 depending on the season and the availability of the palm-oil in the market. The only challenge he is facing in his business is that of transportation. It is sometimes very difficult to get a vehicle to transport the palm-oil to Makeni. His greatest desire now is to be able to make higher profits to be able to meet some of the demands of his children, especially their education fees.

In this group: Patrick A., Kadiatu, Mary P., Aminata, Marie
*not pictured



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Loan details