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Mohamed
Salone Microfinance Trust (SMT), a partner of Kiva.org in Makeni, Northern Sierra Leone, is very pleased to present to you Mohamed, a small-scale entrepreneur who has come to SMT/Kiva lenders to seek a loan of 4,000,000 Sierra Leonean Leones in order to invest in his businesses.

Mohamed bakes and sells breads and cakes. He has been a professional baker and bread/cakes sellers for 10 years now. A husband and a father of four children attending secondary and tertiary institutions, the 53-year-old man was born in Tonkolili district but now lives and sells in Kabala town.

Mohamed has requested this loan in order to buy flour, sugars, yeast and other baking materials in bulk in order to bake a larger quantity of breads and cakes for sale.

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

  • $2,100
    Average annual income
  • 26
    View loans »
    Sierra Leone Loans Fundraising
  • $9,245,175
    Funds lent in using Kiva
  • 4,349.5
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Mohamed to buy flour, sugars, yeast and other baking materials in bulk in order to bake a larger quantity of breads and cakes for sale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Oct 19, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013