KADIATU

SIERRA LEONE- GEOGRAPHY

• Located in north-west Africa
• On the coast of the Atlantic Ocean
• North of Liberia
• South and west of Guinea
• 27,699 square miles.

SIERRA LEONE- ECONOMY

• Unemployment rate is between 45 and 55 percent
• They have the 29th highest unemployment rate in the world
• The GDP is 3.796 billion
• They're becoming more of a tourist attraction because of their unused beaches
• They've made and are making substantial economic growth

SIERRA LEONE- INDUSTRY

• Mining is a huge industry in Sierra lione
• Most of the diamonds in the world come from here
• In the first half of 2013 they exported $107 mil. Of diamonds
• Their tourism industry is growing from unspoiled beaches

SIERRA LEONE- CULTURE

• The population is 5.9 million
• 90% are of native African tribes
• Some tribes include the Temne and Mende
• 10% are creole
• The creole are people originally from Jamaica

SIERRA LEONE- CULTURE

• 60% of the people are Muslim
• 30% are Christian and 10% indigenous tribe religions
• English is the official language
• 10% of people Krio is their first language, it's understood by 95%
• Krio unites the different ethnicities and is used in trade

LOAN APPLICANT INFO

• Kadiatu is 26 years old
• She is woman
• She has a food stand business
• She's had it for 12 years

LOAN INFORAMTION

• She wants 825 dollars
• The minimum amount is $25
• The repayment terms are 14 months
• The repayment schedule is monthly
• 33% or $275 have already been raised towards the loan

LOAN INFORMATION

• Kiva has loaned $7,230,900 to Sierra Leone
• The field partner is BRAC
• They've been on Kiva for 16 months
• Their risk rating is 3 stars

LOAN INFORMATION

• The delinquency rate is .37%
• The loans at risk rate is 1.58%
• The default rate is 2.01%
• As you can see all are very low

RATIONALE

• She's had the business for 12 years;
• That means she has experience
• It also means she's been successful
• She works on the business 7 days a week and 12 hours a day;
• That means she works hard and we'll get our money's worth