Check out some available loans that are similar to this one!
James' Group
In this Group: James, James S., Sahr Joseph
We introduce to you in the photo above teachers of a primary school situated in Koidu/Kono, a city in eastern Sierra Leone. Like their colleagues in other regions of the country, they have requested a loan of 4,500,000 Sierra Leonean leones (SLL) from Salone Microfinance Trust (SMT), a partner of based in Makeni, in northern Sierra Leone. With this loan, they will be able to meet their immediate financial challenges. At the end of each month, they will repay the loan using their monthly salaries.

The leader of this group of teachers is James, who was born in Mafindor, in eastern Sierra Leone. The forty-nine year old is married to a teacher and together they have five children, two of whom are in primary school and three in secondary school. With 23 years of experience in the teaching profession, James is requesting this loan in order to buy building materials such as cement, iron and corrugated zinc for the construction of a family home.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Sierra Leone

  • $903
    Average annual income
  • 0
    View loans »
    Sierra Leone Loans Fundraising
  • $8,868,550
    Funds lent in using Kiva
  • 4,320.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of James' Group's $1,050 loan helped a member to buy building materials such as cement, iron, and corrugated zinc, for the construction of a family home.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Feb 16, 2012
Mar 12, 2012
Currency Exchange Loss:
Jan 15, 2013