Thanks to his previous loans, Alfa is now able to purchase bales of clothing on a monthly basis. He has made a good profit and has purchased land for building a family house. His plan is to expand his business to make additional profits which he can invest in constructing the family house. For this purpose, he is requesting a loan of $1200.
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.
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Success!! The loan was 100% repaid