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Mustapha A.'s Group
In this Group: Mustapha A., Ibrahim M. , Osman , Abdul , Mohamed A., Teres M. , Doris , Thomas B. , John , Joseph Gbanabom
Salone Microfinance Trust (SMT) is very pleased to present to you this group of teachers from one of the secondary schools in Makeni, a city in northern Sierra Leone.

This group of teachers has come to SMT, a partner of, to request a loan of 12,900,000 SLL. With the help of this loan, they will be able to buy or invest in something that their mere salaries cannot finance. For example, some of them will use the loan to buy house-building materials, a plot of land, pay their children’s school fees, etc. At the end of each month, they will repay the loan using their monthly salaries. Their school’s bursar is directly responsible for deducting the repayment and will pay SMT/Kiva lenders on their behalf.

Mustapha is the leader of this group of entrepreneurs. Born in Waterloo 48 years ago, Mustapha is married and has two children who are in college. Mustapha, who has 16 years of experience in the teaching field, has requested this loan in order to pay school fees for his children and invest the rest in his business.

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

  • $903
    Average annual income
  • 12
    View loans »
    Sierra Leone Loans Fundraising
  • $8,963,475
    Funds lent in using Kiva
  • 4,558.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Mustapha A.'s Group's $2,850 loan helped a member to pay school fees for his children and invest the rest in his business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Sep 8, 2011
Oct 3, 2011
Currency Exchange Loss:
Sep 27, 2012