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Alpha
Here is Alpha S., a small scale businessman in Kabala, a town in northern Sierra Leone. Alpha bakes and sells breads. He has been in this profession for many years now. He is requesting for a loan of SLL 2,000,000.00 from SMT/Kiva lenders for the first time. With the help of this loan, he will be able to buy bags of flour, yeast, oil, etc. in large quantity in order to produce a larger amount of breads.

Alpha who was born in Kabala is married to businesswoman and the couple has three children – two in primary school and one in secondary school.

Additional Information

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.

About Sierra Leone

  • $2,100
    Average annual income
  • 62
    View loans »
    Sierra Leone Loans Fundraising
  • $9,347,350
    Funds lent in using Kiva
  • 4,195.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Alpha buys bags of flour, yeast, oil, etc. in large quantity in order to produce a larger amount of breads.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2010
Listed
Jan 18, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2011