This is Aminata C. S.. She is a local entrepreneur in Magburaka town. She sells market food: bulgur wheat, rice, beans, salt, pepper and even soap and charcoals right at the center of town. This will the forth loan this entrepreneur is accessing from SMT/Kiva. Aminata has benefited a lot from previous SMT/Kiva loans. Her business grew, enabling her start a new stall. Her level of income improves and her standard of living also improves. Aminata has made her last loan repayment as a member of a solidarity group, qualifying her for an individual loan. She is now asking for an individual loan of SLL2,000,000. With this loan, she will be able to travel to Freetown (404 miles round trip from Magburaka) to buy the goods she sells in wholesale.
Aminata is now forty; she was born in Magburaka town. She is married to a teacher and they have five children. Three of their children are in secondary schools and two are in primary schools. She has been a businesswoman for over ten years now.
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.