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Rev.sheku B.
Salone Microfinance Trust (SMT), a partner of Kiva.org based in Makeni, northern Sierra Leone, is very pleased to present to you Rev. Sheku, a teacher at one of the vocational institutions in Makeni city. The 57-year-old was born in the village of Rokupr. He is married to a nurse, and the couple has three children – two in secondary school and one in college. Rev. Sheku has been a teacher for 21 years. He has requested this loan, in order to buy building materials for the construction of a dwelling house, like corrugated iron sheets, sand, nails, and cement.

School teachers, like Rev. Sheku, do normally come to SMT, to apply for loans. With the help of these loans, they can easily meet their most immediate and most pressing financial challenges. And at the end of each month, they can easily repay the loan. It is normally their school’s bursar who is directly responsible for doing the deductions and making the repayments on their behalf.

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.

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

  • $903
    Average annual income
  • 35
    View loans »
    Sierra Leone Loans Fundraising
  • $9,111,150
    Funds lent in using Kiva
  • 4,324.2
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Rev.sheku B. to buy building materials, like corrugated iron sheets, sand, nails, and cement, for the construction of a dwelling house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 24, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014