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Musa's Group
In this Group: Musa , Ibrahim , Richard B., Mbeimba
Salone Microfinance Trust (SMT), a partner of in Makeni, northern Sierra Leone, is very pleased to present to you teachers of a Technical Vocational Institute, based in Kenema, a city in eastern Sierra Leone. This group of teachers has come to SMT/Kiva lenders to request a loan of 4,500,000 Sierra Leone leones (SLL) in order to meet their various personal financial needs. Some of them will invest their loans in businesses, some will use theirs to pay school fees for their children, others will buy house-building materials, and some will buy pieces of furniture such as a bed or chairs.

Musa is a teacher at the school and the leader of this group. He is 55 years old and was born in Bandaju. Musa is married with six children, three of whom are attending primary and secondary schools. Musa is an experienced teacher and has been in the teaching profession for 35 years now. He has requested this loan in order to buy house-building materials for the construction of a family house and to pay school fees for his children.

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
  • 62
    View loans »
    Sierra Leone Loans Fundraising
  • $9,347,350
    Funds lent in using Kiva
  • 4,275.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Musa's Group's $1,075 loan helped a member to buy house-building materials for the construction of a family house and to pay school fees for his children.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jul 11, 2011
Jul 21, 2011
Currency Exchange Loss:
Sep 27, 2012