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Hamid S's Group
In this Group: Hamid S, Bunduka M., Mary Safiatu, Hassan , Alusine , Marian D.
Salone Microfinance Trust (SMT), a partner of Kiva, based in the northern city of Makeni, is very pleased to present to you this group of able and dedicated teachers, located in the small town of Waterloo, near Freetown, Sierra Leone’s capital city.

This group of teachers has applied for a loan of SLL 13,200,000 from SMT/Kiva lenders in order to meet their immediate and most pressing needs. And at the end of each month, they can repay the loan, using their monthly salaries. It is their school’s bursar who is directly responsible for doing the deductions and making the repayments on their behalf.

Hamid is the featured leader of this group. A native of Gbendembu, in northern Sierra Leone, the 54-year-old man is married to a teacher and the couple have six children. Hamid has served in the teaching profession for ten years now. He has requested this loan in order to buy building materials for the improvement of his dwelling 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
  • 16
    View loans »
    Sierra Leone Loans Fundraising
  • $9,478,075
    Funds lent in using Kiva
  • 4,320.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Hamid S's Group's $3,075 loan helped a member to buy building materials for the improvement of his dwelling house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Feb 8, 2013
Feb 22, 2013
Currency Exchange Loss:
Jan 17, 2014