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Philip B.'s Group
In this Group: Philip B. , Christiana M., Elizabeth I. , Francis Saio, Joseph A. , Marian S. , Sorie A. , Andrew B., Sheku , Alpha S. , Assiatu
Pictured above are teachers of a primary school in Makeni, a city in northern Sierra Leone. This school, established in 1976, is staffed with 19 employees and has about 400 pupils. The staff of this institution, like many other schools’ staff within SMT’s operational areas, comes to SMT, a partner of, to apply for loans. With the help of these loans, they can accomplish certain tasks that they would otherwise be unable to accomplish merely with their salaries. Some can pay school fees for their children; others can use the loan to buy furniture, land or house-building materials; others invest in businesses. 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 the teachers' behalf.

Fifty-eight-year-old Philip is the leader of this group of teachers. He was born in Koinadugu, in northern Sierra Leone. Philip is married and has eight children, three of whom are attending primary and secondary schools. Philip has served in the teaching profession for 38 years now. He has requested this loan in order to buy house building materials (cement, rods, and galvanized corrugated iron) 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 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
  • 41
    View loans »
    Sierra Leone Loans Fundraising
  • $10,094,200
    Funds lent in using Kiva
  • 4,386.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Philip B.'s Group's $3,100 loan helped a member to buy cement, rods, and galvanized corrugated iron for the construction of a family house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 11, 2011
Nov 12, 2011
Currency Exchange Loss:
Sep 18, 2012