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Siaka O.'s Group
In this Group: Siaka O., Massa , Sheku A.a., Mohamed , Mohamed F. , Idriss S. , Jestina J., Miatta , Ansumana , Adama F. , Bobor C.a.
Siaka (pictured right) is the leader of this group of teachers. Born 49 years ago in the eastern village of Malegohun, Siaka is married to a teacher and the couple has four children – three in primary school and one in secondary school. Siaka has been a professional teacher for 27 years now. He has requested a loan of 2,200,000 leones to invest in agriculture. He will use part to hire laborers and part to buy seeds to plant.

Salone Microfinance Trust (SMT), a Kiva partner based in Makeni, Northern Sierra Leone, is very pleased to present to you this group of borrowers from a primary school in Kenema, Eastern Sierra Leone. This group of teachers has come to SMT seeking a loan of 14,600,000 to invest in things that their mere salaries cannot let them do. At the end of each month, the school’s bursar is directly responsible for deducting their repayment and pays SMT/Kiva 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 Sierra Leone

  • $2,100
    Average annual income
  • 14
    View loans »
    Sierra Leone Loans Fundraising
  • $9,542,800
    Funds lent in using Kiva
  • 4,360.0
    Sierra Leone Leones (SLL) = $1 USD