Pictured above is Sahr, a small-scale businessman base in Koidu, a city in eastern Sierra Leone. Sahr has come to SMT/Kiva lenders to apply for a loan of 5,000,000 Sierra Leon leones to boost the quality and size of his business.
Sahr is a native of Koidu city. The 52-year-old has been a businessman for 23 years now. He is currently selling electrical equipment/goods such as torch lights.
The husband and father of five primary and secondary school-going pupils will use this loan in order to expand his business both in size and quality by buying a larger quality of electrical goods to add to his current stock.
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.