A loan of $1,700 helped a member buy bags of flour and gallons of oil to add to her business.

Alice's Group's story

Pictured here are teachers at a primary school in Benguma Barracks, near Freetown, Sierra Leone’s capital city. This school was established in 1974 to educate children of military personnel. Teachers at this school have applied for a loan of SLL 6,600,000 from SMT (a partner of Shine on Sierra Leone in Waterloo)/Kiva lenders in order to meet their immediate financial challenges.

School staff from this institution, like many other schools' staff within SMT’s operational areas, comes to SMT to apply for loans. With the help of these loans, they can accomplish certain tasks that they would otherwise not have been 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.

Forty-eight-year-old Alice W. (pictured on the left) is the head teacher at the school and leader of this group. She was born in Freetown, is married and has 2 children. For 2 years now, Alice has backed her teaching profession with some trading. She sells flour and oil. With her share of this loan, she will buy bags of flour and gallons of oil to add to her business stock.

In this group: Alice, Melrose, Euginia, Amadu D.w., Princess O., Mabinty B., Fadiru*, Derick , Alieu M.
*not pictured

Loan details

Lenders and lending teams

Loan details