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Sahr Victor's Group
In this Group: Sahr Victor , Aiah Patrick , John Rino S. Alex, Sahr Steven , Komba Yomba, Michael Tamba, Gladys Sia , Sahr Edward

Update on Sahr Victor's Group

Salone Microfinance Trust (SMT), a partner of is very pleased to present to you this group of able and dedicated teachers from the city of Koidu, in eastern Sierra Leone. This group of teachers has applied for a loan of 15,300,000 SLL in order to meet their immediate and most pressing financial needs. At the end of each month, the group can easily repay their loan using their monthly salaries. It is their school’s bursar who is directly responsible for making the repayments on their behalf.

Sahr Edward is the featured leader of this group. A native of Yengema, the 54-year-old is married to a housewife. The couple has 6 children, 3 of whom are attending secondary schools. Sahr Edward has been a school teacher for 28 years now. He has requested this loan in order to pay school fees for his children.

(Also included in the photo is David. He was a member of the team but is not collecting a loan this time).

Previous Loan Details

Salone Microfinance Trust (SMT), a partner of based in Makeni, is very pleased to present this group of primary teachers from Koidu, a city in eastern Sierra Leone. They are requesting a loan of 16,950,000.00 SLL in order to meet their immediate financial challenges. At the end of each m... More from Sahr Victor's Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 45
    View loans »
    Sierra Leone Loans Fundraising
  • $10,082,750
    Funds lent in using Kiva
  • 4,328.2
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A portion of Sahr Victor's Group's $3,550 loan helped a member to pay school fees for his children.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Feb 5, 2013
Feb 28, 2013
Currency Exchange Loss:
May 17, 2014
This photo was used before for a previous loan for Sahr Victor's Group. It was first posted on Kiva on Mar, 2012. Learn More