A loan of $2,550 helped a member buy house-building materials like cement and corrugated iron.


Abbako Tech/voc Makeni Group's story

This group of borrowers are teachers and staff members of a technical vocational institute in Makeni town. The institute was established in 1985 to create “education for self reliance” for the children of Makeni and its environs. Today, the school has a total of twenty-three staff and 145 pupils. The institute is made up of a Junior Secondary School and a Tech Voc, where pupils are trained in various technical and vocational skills like weaving, tailoring, carpentry; “gara” tying and dyeing; secretariat and business study courses, and a lot more.

Teachers from this institution, like many other teachers within SMT’s operational areas, come to SMT to apply for loans. With the help of these loans, they can accomplish some certain tasks that they would otherwise have not being able to accomplish with their mere salaries alone. But with the help of this loan, some can pay school fees for their children; others can use the loan to buy pieces of furniture, a plot of land, house-building materials, or invest in business. At the end of each month, these teachers can repay the loan out of their monthly salaries. The institution’s bursar is directly responsible for deducting the repayment and pays SMT on their behalf.

Muctarr S. (back row, third from left) is the head of this group of teachers. The 47-year-old is a Head of Department at the institute. He has served at this institution for twenty-four years now.

Muctarr is married to a secretary and they have four children who are in secondary and primary schools respectively. With his share of this loan, Muctarr will buy house-building materials like cement and corrugated iron.

In this group: Muctarr, Saidu Momoh, Abdul Dantly, Foday Thomas, Francis M., Bella, Idrissa, Bakindeh, Jane *
*not pictured



Loan details


Lenders and lending teams



Loan details