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Abu
Abu Samura is married with one child. He is 28 years old and owns a shop in Kabala town of Sierra Leone. He sells basic groceries, such as rice, sugar, and cooking oil, wholesale. Abu’s business is now steady and established, and it increased as a result of previous loans.

An ambitious man, Abu would like to run a big business in town, so he can provide more for his family. But he cannot afford the loans from the formal financial system. Therefore, he is requesting a loan of $1200 to expand his business.

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
  • 7
    View loans »
    Sierra Leone Loans Fundraising
  • $8,963,475
    Funds lent in using Kiva
  • 2,947.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Abu abu would like to further diversify and expand his grocery business so that he can provide better for his family.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 10, 2008
Listed
Jan 26, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009