A loan of $950 helped a member pay school fees and school-related charges for his children.

Edward B.'s Group's story

These are teachers at a primary school in Mabonkani village, in northern Sierra Leone. This school was opened in 1972 by the Wesleyan Church of Sierra Leone (WCSL) to educate the children of Mabonkani village and near-by villages. Currently, the school is staffed with eight teachers and has 318 pupils.

School staff from this institution, like many other schools' staff within SMT’s operational areas, come 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.

Edward B. S. is the leader of this group of teachers. The 60-year-old was born in Mabonkani village. He is married to a teacher and they have five children. Edward, who has been a teacher for thirty-eight years, is requesting a loan of SLL 1,500,000 in order to pay school fees and other school-related charges for his children.

(Attached to this photo is the snapshot of a borrower who was not able to be present for the group photo.)

In this group: Edward B., Agnes Y., Philip , Nicolas M.

Loan details

Lenders and lending teams

Loan details