Asnatu, 42, was born in a village called Affair but now lives in Kabala, a town in Northern Sierra Leone, with her husband and four children. Asnatu has been in business for 10 years selling market food such as palm-oil (the most popular cooking oil), margi (used to give sauce a sweet taste), salt, pepper, etc.
Asnatu has requested a loan of 2,000,000.00 Sierra Leonean Leones from Kiva field partner, Salone Microfinance Trust (SMT), in order to expand her business. She will use the loan to buy palm oil, margi, salt, pepper, etc. at wholesale to add to her current stock. In this way, her business will improve both in size and quality, attracting many customers.
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.