Iye is 37 years old, married, and has three children who attend school. Her husband is a businessman. She is a small scale businesswoman in the city of Kenama in eastern Sierra Leone. Iye has been a businesswoman for 10 years. Her greatest achievement has been the expansion of her business from a small stall to a shop. Unlike those days when she used to sell in a stall under the hot sun, she is now able to sell her cloths with a roof over her head.
Iye still faces a number of challenges especially large transportation costs and low business capital. She is requesting a loan, which she will use to buy a wide variety of cloths to add to her current stock. In the future, she hopes to further expand her business and continue providing the best education for her children.
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.