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Fatu
Fatu is 35 years old and married with 2 children. She sells locally grown rice and palm oil to retailers in the market of Makeni. Her capital is insufficient to provide enough products to meet her customer demand. This has forced her to make several trips to purchase supplies, which is time-consuming and expensive. She is therefore requesting a loan of $525. to increase her capital and expand her 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
  • 40
    View loans »
    Sierra Leone Loans Fundraising
  • $9,194,175
    Funds lent in using Kiva
  • 2,909.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Fatu fatu needs to buy more of her supplies on wholesale to cut down on time and money spent traveling to acquire them.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 10, 2008
Listed
Feb 24, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009