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Fatmata
Salone Microfinance Trust (SMT), a partner of Kiva in Makeni, northern Sierra Leone, is very pleased to present to you Fatmata K., a small scale entrepreneur who has come to SMT/Kiva lenders to seek for a loan of SLL 5,000,000 in order to invest in her business.

A wife and a mother of three children – two in primary school and one in secondary school – the 42-year-old was born in one of the villages make up Sanda, but she now lives and sells in Kabala town. Fatmata sells market food stuffs like fish, rice, groundnuts, soap, etc. She has been doing this business for 28 years.

Fatmata has requested this loan in order to increase her business inventory. With this loan, she estimates buying bags of caustic soda for the production of a large quantity of soap, five bags of husk rice, two bags of cleaned rice, and ten bags of ground-nuts.

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

  • $903
    Average annual income
  • 28
    View loans »
    Sierra Leone Loans Fundraising
  • $9,076,200
    Funds lent in using Kiva
  • 4,275.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Fatmata to buy bags of caustic soda, a large quantity of soap, five bags of husk rice, two bags of cleaned rice, and ten bags of ground-nuts in order to increase her inventory.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2011
Listed
Apr 24, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2012