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Fatmata H.'s Group
In this Group: Fatmata H. , Abdul R. , Mohamed , Yandie F., Sinnah , Mary , Ansumana S.*, Isatu Sahid , Marie Y. *, Alex Daniel
* not pictured
Pictured above are teachers from one of the primary schools in Makeni, a city in northern Sierra Leone. This group of teachers has come to SMT, a partner of Kiva.org, based in Makeni, to seek a loan of 18,100,000.00 Sierra Leonean Leones (SLL) in order to invest in items that are beyond their salaries' limits. At the end of each month, they will repay the loan from their monthly salaries. Their school’s bursar is directly responsible for making the repayment on their behalf.

The leader of this team is Fatmata, 57 years old. She is a native of Kambia, in northern Sierra Leone, and is married to a school supervisor. Fatmata has three children, two of whom are in tertiary institutions. Fatmata has been a professional teacher for thirty-two years. She has requested this loan in order to pay college fees for her 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

  • $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