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Theresa Kumba's Group
In this Group: Theresa Kumba , Patrick N. , Frank B.
Pictured above is a group of teachers from the Eastern city of Koidu/Kono. They have come to SMT, a partner of, based in Makeni city in Northern Sierra Leone, to apply for a loan of 4,000,000 SLL. With the help of this loan, they will be able to solve their immediate financial needs and then gradually repay the loan, using their monthly salaries.

Theresa is the leader of this group of teachers. She was born in Eastern Sierra Leone. Theresa is 53 years old and she is married with 6 children – 3 in primary school and 3 in secondary school. A professional teacher for 29 years now, Theresa has applied for this loan in order to pay school fees for her children.

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
  • 4,348.4
    Sierra Leone Leones (SLL) = $1 USD