Yangi T. is 35 years old and married with four children. She sells rice, sugar and flour in Kabala town of Sierra Leone. She has been selling these items for over ten years now but due to a lack of business capital, she has been unable to improve her business significantly. With her previous loans, Yangi expanded her business to some degree. She is now able to pay her children’s school expenses without difficulty and can meet other family expenses. Yangi would like to earn more profit by diversifying her business and is therefore requesting a loan of $1,000.
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.