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Yenku
Yenku has overcome significant obstacles to get where he is today. In particular, Yenku is a double-amputee who lost both his hands during the brutal civil war in Sierra Leone. A 30-year-old father of three, he runs a small grocery stall in Kundibaya village, which is 15 miles from Kabala town. Before he received a loan from SMT, Yenku survived by begging in the street of Kabala town and, as one might imagine, life was extremely hard for him and his family. Through lengthy discussions with SMT staff, SMT recognized that Yenku has strong business skills. Consequently, SMT provided him with a loan of $100 to start a business with a solidarity group comprised of four other war amputees. Today, Yenku is off the street and is managing his business in the village. He sells cotton clothes, cosmetics, etc. Assisted by his wife, the family has built a small mud house and has a small farm. Yanku’s plan is to build a bright future for his children and his wife, and he would like to expand his business. He is requesting a loan of Le. 1,000,000.

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
  • 0
    View loans »
    Sierra Leone Loans Fundraising
  • $8,868,550
    Funds lent in using Kiva
  • 2,974.7
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Yenku to continue to overcome obstacles by expanding his grocery stall in order to provide for his family.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 9, 2008
Listed
Mar 26, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009