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David M.'s Group
In this Group: David M., Osaman , Matthew
These are teachers of a primary school, located Kenema City, in Eastern Sierra Leone. The school serves 219 pupils and employs eight teachers. In operation since 1985, the school receives support from the government to help cover its operating costs.

However, for many of the teachers here, life can be a struggle. Many teachers therefore engage in side-projects and small businesses in order to supplement (or in some cases replace) their salaries. This group of teachers has thus applied for a loan of 4,700,000 Sierra Leonean Leones from SMT/Kiva lenders.

David is the leader of this group of teachers. He is 47 years old and has been in the teaching profession for 14 years now. He is married, and together they have four children – one in primary school and three in secondary schools. David plans to use his portion of the loan 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
  • 23
    View loans »
    Sierra Leone Loans Fundraising
  • $9,379,975
    Funds lent in using Kiva
  • 4,300.0
    Sierra Leone Leones (SLL) = $1 USD