Fatu is the leader of this group. She is a 64-year-old widow with six children, two of whom are attending primary and secondary schools. Fatu sells market food – margi (used to give sauces a sweet taste), pepper, cooking oil, etc. – and has been doing this for many years now. With the help of this loan, Fatu will buy margi, pepper, cooking oil, etc. in large quantities for her business.
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.
This is a Group Loan
About Sierra Leone
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Success!! The loan was 100% repaid