Government Technical Institute Group


Status: Paying Back

$2,700.00   Loan Amount
80% repaid

About the Group

Group Name: Government Technical Institute Group
Group Members: Amadu E.D. Turay
David E.A Kamara
Santigie A. Tarawalie
Alfre A.W Sheiku
Hudson S. Kamara
Daniel B. Gbami
Brima S. Koroma
Location: Magburaka, Tonkolili, Sierra Leone
Activity: Personal Education Expenses

About the Loan

Loan Amount: $2,700.00
Loan Use: To pay school fees for children
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 18, 2009
Date Disbursed: Feb 26, 2009
Date Funded:Mar 18, 2009

About the Country

Country:Sierra Leone
Avg Annual Income:$903.00
Currency:Sierra Leone Leones (SLL)
Exchange Rate:3,045.0001 SLL = 1 USD



These gentle men are staff members of the Government Technical Institute Magburaka, Tonkolili District, Northern Sierra Leone. Government Technical Institute, Magburaka, was founded in 1962 by the government for the promotion of technical and vocational education. They teach mechanical engineering, carpentry and joinery, block laying and concreting, automobile engineering, plumbing and sheet metal work, painting and decoration and many more. Presently, the institute has a total of fourteen staff and twenty-five students.

The ten years old civil war tremendously disrupted the smooth running of the institute. Before the war, the institute used to have an enrollment of about 200 – 300 students. In 1997 – 2002, rebels vandalized the whole institute – buildings were unroofed, labs and libraries destroyed. However Sababu Education, a World Bank sponsored project is currently rehabilating the institute. But the project does not call for reequipping the laboratories and libraries.

Government Technical Institute Magburaka is the only government technical institute in Magburaka town. Over the years, the institute has been able to train so many technicians serving both within and without Sierra Leone. It makes good grades at the external examinations organized by City and Guilds of London Institute. The institute also serves as a consultancy and guard to the people of Magburaka.

This is the first loan Government Technical Institute is requesting from Kiva through SMT. With this loan, some of these teachers will start a small business and those who are already running small businesses will invest the loan into their businesses. Some of the staff members will be using the loan to buy pieces of furniture, others to pay either for their children in their education or pay for themselves to pursue further studies. Others will use their loan in home building projects.

David E.A. Kamara is the principal at the Institute. He has been a teacher for forty-three years now. Mr. Kamara (right) was born in Makurgbo, nine miles from Magburaka. He is sixty-one years of age, married to a teacher and the two of them have five children. Four of their children are in secondary schools and the eldest is already a grown-up. Mr. Kamara will use his loan to pay his children’s school fees and solve many of his domestic problems.





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Journal entries for Government Technical Institute Group


Loan has been disbursed
 
Entrepreneur: Government Technical Institute Group
Location: Magburaka, Tonkolili, Sierra Leone

Thank you for your loan. It has been disbursed to Government Technical Institute Group, consisting of Amadu E.D. Turay, David E.A Kamara, Santigie A. Tarawalie, Alfre A.W Sheiku, Hudson S. Kamara, Daniel B. Gbami, Brima S. Koroma by Salone Microfinance Trust (SMT), a partner of Christian Children's Fund in Sierra Leone. We are excited to watch this business grow. Over the 10 months of this loan, Salone Microfinance Trust (SMT), a partner of Christian Children's Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Magburaka, Tonkolili, Sierra Leone
Mar 19, 2009
Comments (2)

Kiva Help Repayment Schedule for Government Technical Institute Group

  Expected Repayments Actual Repayments Comments
May 2009 $270.00 $270.00 Repayment Received
June 2009 $270.00 $270.00 Repayment Received
July 2009 $270.00 $0.00 Repayment Received
August 2009 $270.00 $472.50 Repayment Received
September 2009 $270.00 $337.50 Repayment Received
October 2009 $270.00 $270.00 Repayment Received
November 2009 $270.00 $270.00 Repayment Received
December 2009 $270.00 $270.00 Repayment Received
January 2010 $270.00 Available Jan 1  
February 2010 $270.00 Available Feb 1