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Issa's Group
In this Group: Issa , Fuad Umarr, Isatu , Frank Lamin, Fatmata Sylvia, Ballie , Alpha M., John Raka, Joseph M., Umaro M., Mariatu Gibrilla, Alie , Imran , Anita Isatu
Pictured here are primary school teachers in Makeni, northern Sierra Leone. This group of able and dedicated teachers has come to the Kiva partner SMT in Makeni, northern Sierra Leone, to request a loan. Fifty-year old Issa is the featured leader of this group. He was born in Rogbom village and is married to a trader. He has six children, all of whom are attending school. Issa has been a school teacher for 22 years.

Issa's group is requesting a 22,500,000 SLL loan to meet their most immediate and most pressing financial needs. Issa will use his portion of the loan to pay school fees for his children. At the end of each month, group members can easily repay the loan using their monthly salaries. The school bursar will be directly responsible for doing the deductions and making 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.

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
  • 2
    View loans »
    Sierra Leone Loans Fundraising
  • $9,478,050
    Funds lent in using Kiva
  • 4,328.3
    Sierra Leone Leones (SLL) = $1 USD