A loan of $3,300 helped a member to buy local produce to sell.


Momodu's Group's story

Salone Microfinance Trust (SMT), a partner of Kiva.org in Makeni, northern Sierra Leone, is pleased to present to you the teachers of the Khulafai Rashideen Primary School. This school was founded on the 20th of September 1999 by the Khulafai Rashideen Mission in order to reduce the problems of overcrowding in the then-existing schools. The Khulafai Rashideen Primary school currently has twenty-four dedicated teachers and eight hundred pupils. This is not the first loan that teachers of this institution have borrowed from SMT/Kiva lenders. The previous SMT/Kiva loan made a lot of improvements in the lives of these borrowers. “This new loan will further improve the livelihood of our staff members,” said Momodu K., the leader of this group and headmaster at the school. The forty-seven-year-old Momodu was born in Port Loka, a town in northern Sierra Leone. He has been in the teaching profession for twenty-six years now. Momodu is married to a businesswoman, and they have ten children – eight in primary school and two in secondary school. Momodu K. is going to invest his share of this loan into a business. He will buy local produce to sell. 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 have not been able to accomplish with their mere salaries alone. 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, or house-building materials; still others 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.

In this group: Momodu , Hawanatu , Hassan , Mohamed L., Alie M., Hannah K., Agnes , Marie , Abdul Anderson *, Sylvester K., John Paul
*not pictured



Loan details


Lenders and lending teams



Loan details