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Sembu Brima's Group
In this Group: Sembu Brima , Abass A. , Abu A. , Mohamed Abib , Alimamy Fonti , Fancis Mohamed , Aminata Y. , Moses G. , Mohamed A., David O.
This group of teachers has come to SMT/Kiva lenders to seek of a loan of SLL 11,000,000. With the help of this loan, some of these teachers will start a small business and those who are already running small businesses will invest the loan in their business. Some of the staff members will be using the loan to buy pieces of furniture, others to either pay for their children's education or pay for themselves to pursue further studies. Others will use their loan in home building projects. With their monthly salaries, they will gradually repay their loan to SMT.

Sembu is the leader of this group of teachers. The 57-year-old has been in the teaching profession for 32 years now. A native of Mile Ninety One small town, Sembu is a husband and father of five children. Sembu has requested this loan in order to buy household items like a television and a generator.

(Attached to the left of this photo are snapshots of David and Abass, borrowers who were not able to be present for the group photo).

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
  • 29
    View loans »
    Sierra Leone Loans Fundraising
  • $9,391,500
    Funds lent in using Kiva
  • 4,310.0
    Sierra Leone Leones (SLL) = $1 USD