Isha sells food supplies in the market in Makeni town of Sierra Leone. She learned her business from her mother and was doing the same business before the civil war in Sierra Leone. Isha is married with five children. With her husband’s meager salary as a driver, she plays a major role in providing for the family needs. Isha said, she was able to pay her installment on time because she saves $1.25 daily with a Rotating and Savings club for the purpose. Her previous loan enabled her to purchase rice and sugar on wholesale. Isha would like to diversify her business and is therefore requesting a loan of $250 to purchase cooking oil, and onions on wholesale.
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.