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Nathaniel Tamba's Group
In this Group: Nathaniel Tamba, Mohamed Fransco, Emeline L., Christaina
These hardworking and dedicated teachers are from the town of Waterloo, about 26 miles from Freetown, Sierra Leone’s capital city. This group of teachers has come to SMT, a partner of based in Makeni, northern Sierra Leone, to request a loan of 5,300,000 SLL in order to meet their immediate financial challenges. At the end of each month, their school’s bursar will deduct their repayments out of their salaries and repay SMT on their behalf.

Nathaniel is the featured leader of this team. The 59-year-old is a native of Bumbia. He is married to a teacher and the couple has 2 children. Nathaniel has served in the teaching profession for 30 years. Nathaniel has requested this loan in order to complete the house building processes he began in 2012. Previous SMT loans have helped Nathaniel to pay college fees for his children and now, he is using these loans to build his family a house.

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
  • 22
    View loans »
    Sierra Leone Loans Fundraising
  • $9,379,975
    Funds lent in using Kiva
  • 4,319.7
    Sierra Leone Leones (SLL) = $1 USD