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Komba Denis' Group
In this Group: Komba Denis, Mohamed , Aiah Stephen, Tamba N., Sahr T. , Kumba Lilian
We are pleased to present to you this group of teachers from Koidu City in eastern Sierra Leone. They have applied for a loan of 6,100,000 SLL from Salone Microfinance Trust, a Kiva partner micro-finance institution (MFI) based in Makeni, northern Sierra Leone. With the help of this loan they will be able to meet their immediate financial challenges, and at the end of each month they will repay the loan using their monthly salaries.

Tamba is the leader of this group of teachers. The 52-year-old Tamba lives in eastern Sierra Leone. He is married and has five children – two in primary school and three in secondary school. Tamba has been a professional teacher for 28 years now. Tamba has requested this loan in order 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
  • 52
    View loans »
    Sierra Leone Loans Fundraising
  • $9,342,250
    Funds lent in using Kiva
  • 4,377.0
    Sierra Leone Leones (SLL) = $1 USD