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Musa's Group
In this Group: Musa , Ibrahim, Samuel Issa, Lamrana K., Wilson B., Abdulai*, Fuad S., Marie, Joseph F.
* not pictured
Meet the teachers of a primary school in Lunsar, a small town in Northern Sierra Leone! This school was built in 1986 to promote education within Lunsar and villages surrounding Lunsar. This is the first loan that teachers of this school are accessing from SMT/Kiva lenders. With the help of this loan, some of these borrowers will invest in their businesses, and others will buy pieces of furniture. Some pay school fees for their children, some will use it to buy a plot of land and so on.

Musa K. is the headmaster of the school and leader of this group. He is age 45. He was born in Port Loko, a town in Northern Sierra Leone. He is married with four children: one of his children is a baby and three are in secondary school. Musa has been a teacher for 28 years now.

Musa will hand over his share of the loan to his wife who is a petty businesswoman. His wife sells palm oil, rice and other market foodstuffs. This will definitely boost his wife’s business so that she, too, will be in a better position to contribute significantly towards running the home.

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
  • 16
    View loans »
    Sierra Leone Loans Fundraising
  • $9,478,075
    Funds lent in using Kiva
  • 3,925.0
    Sierra Leone Leones (SLL) = $1 USD