This is sixty-year-old Albert. Born in Bo City, in Southern Sierra Leone, Albert is a husband and father of five grown-up children. He is married to a trader. Albert has been a building contractor for many years now. He wants a loan of 5,000,000 SLL in order to buy building materials like cement, sand, and iron-corrugated zincs at wholesale. He will then retail it himself whenever he has a building contract.
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.