Zainab sells peanuts in the market of Magburaka town. Before joining SMT, she used to purchase three bags of peanuts monthly. With her current loan, she can now purchase 10 bags of peanuts a month. Now she has more time to spend with the children and on business. Twenty five year-old Zainab is married with three children. As a young mother with young children, Zainab would like to work with her husband cooperatively and build a better future for their family. She is requesting more loans to expand the business.
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.