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Future In Our Hands Group
In this Group: Samuel A., Elizabeth M., Patrick , John A., Edward , Henry
This is Samuel A. F., Elizabeth M. B., Patrick A., John A. TarawA., Edmon K. and Henry Sesay. They work for a local non-governmental organization called Future In Our Hands (FIOH). This is the first time they are seeking a loan from SMT. Because non-governmental organizations' salaries are usually very small and do not allow one to do something big with their lives, they have come to seek a loan from SMT to allow them to invest in something meaningful. Some of them will invest their loans in business and others will invest in the education of their children.

FIOH started its operations in 1993 and has it headquarters in Makeni with sub-offices in Mile 91 and Kabala in the north, and Pujehun in the south. FIOH focuses its operations on agriculture and food security. They also provide micro-finance services to local villages in their areas of operations. FIOH is doing well in serving the community people in their areas of operations, however, as a donor driven organization, they are often faced with financial constraints.

Samuel (front row right), who is heading this group, is the Admin Officer of FIOH. He is forty-eight years of age. He was born in a village called Yele, in the Tonkolili district. He is married with six children between the ages of one and nineteen. His wife is a businesswoman. Samuel has worked as an Admin Officer for FIOH for three years now. He will use his loan to buy building materials for housing. Though he is not expecting to complete the building of his house with this loan, subsequent loans will certainly complete the building of his 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
  • 45
    View loans »
    Sierra Leone Loans Fundraising
  • $10,082,750
    Funds lent in using Kiva
  • 3,030.0
    Sierra Leone Leones (SLL) = $1 USD