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Philip A.k.'s Group
In this Group: Philip A.k. , Ahmed M.s. , Mary Boi , Tamba
Presented to you in the photo above are members of a primary school from the city of Kenema, in eastern Sierra Leone. This group of teachers has come to SMT, a partner of in Makeni, to seek a loan of 7,000,000 SLL in order to meet their immediate financial challenges.

The leader of the group is 50-year-old Philip. Philip was born in Bo district, southern Sierra Leone but now lives and works in Kenema, together with his wife and 4 children. His wife is a trader and 1 of his children is attending primary school. Philip has requested a loan of 2,500,000 SLL in order to buy house building materials – cement, sand, stones, etc. for the construction of a family house.

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 Sierra Leone

  • $2,100
    Average annual income
  • 46
    View loans »
    Sierra Leone Loans Fundraising
  • $9,977,925
    Funds lent in using Kiva
  • 4,417.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Philip A.k.'s Group's $1,600 loan helped a member to buy house building materials – cement, sand, stones, etc. for the construction of a family house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 11, 2011
Aug 21, 2011
Currency Exchange Loss:
Jul 18, 2012