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Karim's Group
In this Group: Karim , Wilfred , Mohamed M. , Sahr J. , Abdul , Daniel J.s. , Tamba , Komba Fillie , Andrew A. , Tamba , Sahr M. , Michael Aiah , Tamba R. , Tamba E.
Salone Microfinance Trust (SMT), a partner of based in Makeni in northern Sierra Leone, is very pleased to introduce to you this group of teachers from the eastern city of Koidu. They have requested a loan of 24,000,000 SLL from SMT/Kiva lenders in order to solve their immediate financial needs. At the end of each month, they will make payments using their monthly salaries to repay the loan. Their school’s bursar is directly responsible for deducting the payments and will repay SMT/Kiva lender on their behalf.

Andrew is the leader of this group of teachers. Born in a place called Ngardorhun, in eastern Sierra Leone, Andrew, aged 48, has been in the teaching profession for 26 years. He is married and has five children – two in primary school, three in secondary school. Andrew has applied for this loan in order to buy construction materials: corrugated iron, cement, etc. to build a house for his family. He will also use part of the loan to pay his children's school fees.

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

  • $2,100
    Average annual income
  • 2
    View loans »
    Sierra Leone Loans Fundraising
  • $9,478,050
    Funds lent in using Kiva
  • 4,300.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Karim's Group's $5,600 loan helped a member to buy construction materials to build a house, and to pay his children's school fees.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 23, 2012
Sep 27, 2012
Currency Exchange Loss:
Aug 25, 2013