Sorie K. is 47 years old and married with 5 children. Working as a teacher, his salary is not enough to enable him to complete the construction of his house. It took him a long time to save the money required to put up the structure while also renting a house for the family. Sorie is therefore requesting a loan to purchase zinc sheets and timber for the completion of the family house. He will repay the loan from his monthly salary.
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.