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Rashid S.'s Group
In this Group: Rashid S., Joseph S., James E.s., Idriss M., Hawa, Marie Nella, Memunatu E., John T., Hamid, Ramatu M.
These are teachers of the T.D.E.C Primary School, Magburaka, which was founded in 1959. The school is staffed with 327 pupils and seventeen teachers. Out of the seventeen teachers, these ten have applied for a loan from Kiva lenders through SMT.

This is the first loan members of this institution are accessing from Kiva lenders through SMT. With the help of this loan, some members of staff will start a small business and those who are already running small businesses will invest the loan in their business. Some of the staff members will be using the loan to buy pieces of furniture, others to pay either for their children’s education or pay for themselves to pursue further studies. Others will use their loan in home building projects.

Fifty-one-year-old Rashid S. K. (whose photo is attached at the top left) is the leader of this group. He was born in a place called Maworr and is married with four children. Rashid will use part of his loan to buy house building materials and invest part in an agricultural project.

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
  • 34
    View loans »
    Sierra Leone Loans Fundraising
  • $9,980,225
    Funds lent in using Kiva
  • 3,925.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Rashid S.'s Group's $2,275 loan helped a member to buy house building materials and to invest in an agricultural project.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 14, 2010
Jun 18, 2010
Currency Exchange Loss:
Jan 15, 2011