A loan of $1,850 helped a member to buy house building materials like iron corrugated sheets for the construction of a dwelling house for his family.


Frankline R.'s Group's story

In the picture above are teachers of a primary school located in Waterloo, a town in western Sierra Leone. School teachers usually come to Salone Microfinance Trust (SMT) to apply for loans. With the help of these loans, they are being empowered to meet certain financial needs that, left alone with their mere salaries, would not be able to meet. Most often, some of them use these loans to pay school/college fees, either for themselves to pursue further studies or to pay their kid's school/college fees; some invest such loans in businesses; others buy pieces of furniture or a plot of land for future house construction; some use it to buy house building materials. And at the end of each month, they can easily repay the loan, using their monthly salaries. It is their school's bursar who is directly responsible for doing the deductions and making the repayments on their behalf.
Frankline (who is pictured on the left) is the featured leader of this group of teachers. The 46-year-old is a native of Bo district, in southern Sierra Leone. Frankline is a husband and a father of eight children. He has been a school teacher for 29 years now. He has requested this loan in order to buy house building materials like iron corrugated sheets for the construction of a dwelling house for his family.

In this group: Frankline R., Festus O., Alice Mamie , Joseph P.



Loan details


Lenders and lending teams



Loan details