Alie is 32 years old and lives and works in the town of Magburaka in the Northern province of Sierra Leone. Alie is married and has three children, two of whom are in primary school and one who is not of school age yet.
Alie been working as a plumber at a sugar factory for the past seven years and generates additional income to support his family by selling palm oil and rice in the local markets. He has been doing this for six years. His wife also works as a farmer. Alie is requesting a loan of SLL 2,500,000 from Salone Microfinance Trust (SMT), a partner of Kiva in Sierra Leone, to purchase additional stock for his small business.
Through partnering with his employer, the sugar company, SMT is able to provide borrowers like Alie with microloans that are repaid through payroll deduction.
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.