Pictured here is Ahmed Foday K.. The thirty-year-old was born in Kabala town; he is single with one child. Ahmed sells assorted goods – photo albums, body creams, toiletries, cards, etc. He travels to the capital city Freetown (about 624 km both ways) to buy the goods he sells. This loan will definitely limit the number of trips he will have to make, increase his business size and quality, and increase his sales-to-profit-margin.
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.