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Abraham Brim's Group
In this Group: Abraham Brim , Evelyn Yonor , Kadiatu , Abdul Karim , Edward A., Hassan B., Giril , Alpha Issa, Abdul K. , Abibatu L., Edward A. , Kadiatu P. , Abu B., Isatu H., Alie S. , Alpha S.l. , Aminata A. , John S.
Salone Microfinance Trust (SMT), a partner of Kiva in Makeni, northern Sierra Leone, is very pleased to present to you this group of teachers from Mile Ninety One, a small town in northern Sierra Leone. Their school was founded in 1974 to promote education to the children of Mile Ninety One and the surrounding villages. Currently, the school is staffed with 29 teachers and has an enrollment of 450 pupils.

Abraham is a teacher at the school and is the leader of this group of borrowers. He is 50 years old and was born in Magburaka, a town in northern Sierra Leone. Abraham is married with six children and has been in the teaching profession for 25 years. He is requesting a loan to buy construction materials, including bags of cement, to complete the construction of his house.

Staff from this institution, like many other institutions within SMT’s area of operation, come to SMT to apply for loans. At the end of each month, these teachers can repay the loan out of their monthly salaries. Their institution’s bursar is directly responsible for deducting the repayment amount and paying SMT on their behalf.

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
  • 14
    View loans »
    Sierra Leone Loans Fundraising
  • $9,542,800
    Funds lent in using Kiva
  • 4,275.0
    Sierra Leone Leones (SLL) = $1 USD