Mohamed has been in business for 18 years. But when he started getting loans from SMT two years ago, he experienced a vast improvement in his personal and business life. Today, his primary goal is to complete construction of a house he had started building when rebels from the Revolutionary United Front (RUF) destroyed it. Despite this setback, Mohamed's greatest challenge is lack of capital. He will use his portion of the loan to buy items he currently needs for his shop, such as rice and sugar.
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