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Abu Bakar S.'s Group
In this Group: Abu Bakar S., Mariama T., Juana M. , Allieu , Sheku S., Mohamed , Sahr Albert, Kadiatu , George G.
Salone Microfinance Trust (SMT), a partner of in Makeni, Northern Sierra Leone, is pleased to present to you this group of teachers from one of the primary schools in Kenema, a city in Eastern Sierra Leone. Teachers from this school have come to SMT for a loan of 13,000,000 Sierra Leonean leones in order to improve their standard of living. Some of them will use this loan to buy house building materials; some to buy pieces of furniture; others to pay school fees for their children and so on. At the end of each month, the school’s bursar is directly responsible to deduct their repayment amount and pays SMT/Kiva.

Sahr is the leader of this group of teachers. Sahr, age 35, was born in Kailahun town in Eastern Sierra Leone. He is a teacher and has been in the teaching profession for 35 years now. Sahr is married to a teacher and they have four children: two in primary school, one in secondary school, and one not of school-going age. Sahr 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
  • 13
    View loans »
    Sierra Leone Loans Fundraising
  • $9,478,075
    Funds lent in using Kiva
  • 4,349.8
    Sierra Leone Leones (SLL) = $1 USD