Funded

Total loan: $2,850
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Mustapha A.'s Group

Sierra Leone
Makeni, Sierra Leone / Primary/secondary school costs

A loan of $2,850 helped a member to pay school fees for his children and invest the rest in his business.


Mustapha A.'s Group's story

Salone Microfinance Trust (SMT) is very pleased to present to you this group of teachers from one of the secondary schools in Makeni, a city in northern Sierra Leone.

This group of teachers has come to SMT, a partner of Kiva.org, to request a loan of 12,900,000 SLL. With the help of this loan, they will be able to buy or invest in something that their mere salaries cannot finance. For example, some of them will use the loan to buy house-building materials, a plot of land, pay their children’s school fees, etc. At the end of each month, they will repay the loan using their monthly salaries. Their school’s bursar is directly responsible for deducting the repayment and will pay SMT/Kiva lenders on their behalf.

Mustapha is the leader of this group of entrepreneurs. Born in Waterloo 48 years ago, Mustapha is married and has two children who are in college. Mustapha, who has 16 years of experience in the teaching field, has requested this loan in order to pay school fees for his children and invest the rest in his business.

In this group: Mustapha A., Ibrahim M. , Osman , Abdul , Mohamed A., Teres M. , Doris , Thomas B. , John , Joseph Gbanabom
*not pictured



Loan details

Loan length:

12 months
Disbursed date: September 8, 2011
Facilitated by Field Partner: Salone Microfinance Trust (SMT), a partner of ChildFund International

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: September 8, 2011
Facilitated by Field Partner: Salone Microfinance Trust (SMT), a partner of ChildFund International