This is Mrs. Kumba M., a small-scale businesswoman in Makeni city, northern Sierra Leone. Mrs. M. sells cooked rice, meat and vegetables as well as soft drinks in her small restaurant on the Azzolini Highway in Makeni.
Kumba is seeking a loan from SMT for the second time in order to help her further improve her business. With the previous SMT loan, she was able to improve her business and personal life. Having repaid her previous loan successfully, she is now requesting a new loan of Le 3,000,000.00.
Mrs. M. is now age 32. She was born in Bo city, southern Sierra Leone. She is married to a police officer and they have two children. One of her children has just written the Basic Education Certificate Examinations (BECE) and the other is in Junior Secondary School II (JSS II). Kumba has been selling cooked rice for a year going on two now. With this loan, Kumba will be able to buy bags of rice, palm oil (the most popular cooking oil), a floor mat, cups and spoons, plates, more drinks to sell and a musical set to entertain her customers. She will also expand her restaurant.
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.