A loan of $775 helped a member to pay school fees for his children.


Abdul Karim's Group's story

Salone Microfinance Trust (SMT) is very pleased to present to you this group of teachers from Magburaka, a town in Northern Sierra Leone. This group of teachers has applied for a loan of 3,300,000 Sierra Leonean Leones in order to meet their immediate financial challenges. At the end of each month, they will repay the loan using their monthly salaries. Their school’s bursar is directly responsible for doing the deductions and repayments on their behalf. Pictured on the left is Abdul, the leader of this group of borrowers. A native of Magburaka town, Abdul is 47 years old. He is married to a petty businesswoman and the couple has five children – two in primary school, two in secondary school, and one in college. Abdul has been a professional teacher for 30 years now. He has requested this loan in order to pay school fees for his children.

In this group: Abdul Karim, Mohamed S., Rukaya B.
*not pictured



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Loan details