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S.l.m.b.corr Field Group
In this Group: Augustine , Sualihd M., Musa , Abdul S., Baindu K.
Salone Microfinance Trust (SMT), a partner of in Makeni, Northern Sierra Leone, is pleased to present to you this group of teachers from one of the schools in Bo, Sierra Leone’s second capital city. Teachers of this school have come to SMT, a partner of, for a loan of SLL 9,500,000 in order to improve their standards of living. Some of them will use this loan to buy house building materials, some to buy pieces of furniture, others to pay school fees for their children and so on. At the end of each month, they will repay the loan. It is their school’s bursar who is directly responsible to deduct their repayment amount, and they pay SMT.

Augustine is the featured leader of this group of teachers. 40-year-old Augustine was born in Bo city. He is a teacher, and has been in the teaching profession for 16 years now. Augustine is married to a state registered nurse, and they have one child who is attending secondary school.

Augustine requested this loan in order to buy house building materials, like iron corrugated sheets, sand, etc., for the construction of a dwelling house for his family.

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
  • 38
    View loans »
    Sierra Leone Loans Fundraising
  • $10,068,400
    Funds lent in using Kiva
  • 4,344.9
    Sierra Leone Leones (SLL) = $1 USD