Funded

Total loan: $1,000
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Mathew Group

Sierra Leone
Makeni, Sierra Leone / Soft Drinks

A loan of $1,000 helped a member to buy supplies of beverages for resale.


Mathew Group's story

This is Isatu S., Fatu K. and Aminata K.. They named their group the Mathew Group. They are local entrepreneurs in the town of Makeni. This is the sixth time they’ve received a Kiva loan through SMT. Previously, each one in the group received a loan of 1,000,000 LE. That loan created meaningful impact in the lives of these people. They were able to use the proceeds to pay for their children’s school fees. They’re also able to feed and clothe themselves and their children with the income generated from the loans. Today, they are requesting a loan of 3,000,000 LE to buy more goods to add to their businesses.

Isatu S. (left) is the leader of the group. She is thirty-five years of age. She was born in Makeni, north of Sierra Leone. She is married with three children. Two of her children are in secondary school and one is in primary school. Her husband is a businessman who sells second-hand clothes. Isatu sells both soft and hard drinks in Makeni City.

With this new loan, Isatu will expand on her business. She will be able to buy at least twelve crates of soft drinks, seven crates of beer, three crates of Battery energy drink and three crates of power shakes. She travels to Freetown, which is 390 miles round trip, to buy the drinks. The fare to and from Freetown is 20,000 LE each, and she pays 100,000 LE for the crates of drinks she buys. So far, Isatu faces no major challenge worth noting. Business is going fine for her and she loves doing it. Her immediate goal is to buy herself a plot of land so that she can build a house. She is tired of renting!

In this group: Isatu, Fatu, Aminata
*not pictured



Loan details

Loan length:

12 months
Disbursed date: November 14, 2008
Facilitated by Field Partner: Salone Microfinance Trust (SMT), a partner of ChildFund International

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: November 14, 2008
Facilitated by Field Partner: Salone Microfinance Trust (SMT), a partner of ChildFund International