A loan of $775 helped a member buy gallons of palm-oil to add to his business inventory.


Francis V.'s Group's story

These are teachers at a secondary school in Grafton, near Freetown. This school was opened in 2005 by the Sierra Leone International Mission (SLIM) to educate the children of Grafton, especially children affected by the war. Currently, the school is staffed with four teachers on its payroll and three SLIM-assisted teachers. The school has a population of 116 pupils. This group of teachers has come to SMT, a partner of "Shine on Sierra Leone" in Waterloo, to seek a loan in order to supplement their monthly salaries. 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. 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. Francis V. B. (pictured left) is the head teacher at the school and leader of this group of borrowers. Forty-five-year-old Francis was born in Kailahum, eastern Sierra Leone. He is married to a businesswoman and they have five children – two in secondary school and three in primary school. In addition to his teaching profession, Mr. B. also does some petty trading. He has been a petty-businessman for over fifteen years (even before joining the teaching profession). Francis has applied for a loan of SLL 800,000. With this loan, he will buy gallons of palm-oil (the most popular cooking oil) to add to his business inventory.

In this group: Francis V., Samuel W., Mohamed M., Mamusu
*not pictured



Loan details


Lenders and lending teams



Loan details