Pictured here is Memuna. Born in 1970, in Kono, Eastern Sierra Leone, Memuna is married to a guest house staffer. The couple has three children who attend secondary and tertiary institutions. For 20 years, Memuna has been a businesswoman. Currently, she sells market food: palm oil, onions, margi (used to give sauce a sweet taste), pepper, etc.. She is seeking a loan of 5,000,000 Sierra Leonean Leones (SLL) from SMT/Kiva lenders in order to further expand her business. With this loan, she will buy the above mentioned items at wholesale to add to her existing stock.
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.