Here is Princilla, a small scale businesswoman in Makeni, a city in northern Sierra Leone. Princilla sells cloths, threads, etc. She has been doing this business for twelve years now. With a loan of SLL 5,000,000, Princilla will expand the size and quality of her business by buying cloths, threads, etc. in larger quantities to add to her business.
A native of Yoni Bamna, thirty-seven-year-old Princilla is married to a trader and the couple has two children – one in primary school and one in college.
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.