Foday is 36 years old and married with 3 children. He has been with Salone Microfinance Trust since 2004. With his previous loans, he diversified his business. He is presently engaged in the selling and renting of music and film CDs, as well as selling engine oil, kerosene and fuel, in the market of Kabala town in Sierra Leone. Foday is serious about expanding his inventory and would like a loan of $1200 to do so.
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.