A loan of $2,250 helped a member to pay college fees for his child and invest the remainder in business.

Frederick Boima's Group's story

Salone Microfinance Trust (SMT), a partner of Kiva.org in Makeni, northern Sierra Leone, is pleased to present to you this group of borrowers from the Eastern Polytechnic school in Kenema, a city in eastern Sierra Leone. Staff of this institution have come to SMT for a loan of SLL 9,500,000 in order to improve their standard of living. Some of them will use this loan to buy house building materials, some to buy pieces of furniture, others to pay school fees for their children, and so on. At the end of each month, the institution’s bursar is directly responsible to deduct their repayment amount and pays SMT on their behalf. This is the first loan that this institution has applied for from SMT/Kiva lenders.

Frederick Boima K. is the leader of this group. The 43 year-old Frederick was born in a village called Dawa, in eastern Sierra Leone. He is a teacher and has been in the teaching profession for 8 years. Frederick is married and has 5 children – 2 in primary school, 2 in secondary school and 1 in college. Frederick has requested this loan in order to pay college fees for his child and to invest the remainder in business.

In this group: Frederick Boima , Martin Umaru , Jestina Mamie , Tamba John , Edwaard A. , Mary , James , Murphsion

Loan details

Lenders and lending teams

Loan details