Alhassan K. owns a grocery shop in Makeni city. He wants a loan of 4,000,000 SLL to enable him improve on his business size and quality. With this loan he will be able to buy cans of powdered milk, mayonnaise, butter, cheese, sugar, etc. at wholesale prices. This will eventually lead to more sales and improve profit. Alhassan will thus be able to take better care of his family.
Alhassan was born in Makeni city. He is now twenty-eight years of age. His wife is a businesswoman, too, and their only child is attending primary school. He has been in this business for five years now.
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.