A loan of $4,050 helped a member to invest in his business by buying locally produce food stuffs like rice, palm-oil, etc. to sell.


Joseph's Group's story

Salone Micronfinane Trust is very pleased to present to you teachers of the St Francis Secondary School in the city of Makeni, located in northern Sierra Leone. St Francis Secondary School remains one of the leading secondary schools in Makeni and indeed in Siera Leone at large. Established in 1949 by the Roman Catholics, this school has produced many professionals in all walks of life both within and outside of Sierra Leone. Currently, St Francis has an enrollment of 2,000 – 2,500 pupils and 85 dedicated staff.

School staff members from this institution, like many other school staffs 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 be unable to accomplish with their 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, 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.

Joseph (who is pictured at the extreme left) is the leader of this group of teachers. Born 40 years ago, this married father of three children has been serving in the teaching profession for three years now and is requesting a loan of SLL 2,000,000 from SMT/Kiva lenders to invest in his business. He will buy locally produce food stuffs like rice, palm-oil, etc. to sell. This loan will thus allow his economic and social status to improve.

In this group: Joseph , David , Sorie S., Alex K. , Momoh , Abu Bakarr , Angela Gbassay , Sidikie , Henry S. , Aiah , Mr. Ezekiel , Foday , Bassie Sembu , James S. , Jr, Joseph E., Ernest O.
*not pictured



Loan details


Lenders and lending teams



Loan details