Alex K. is 42 years old, and is married with 3 children. He started his business selling essential medicines 5 years ago on a very small scale by hawking from house to house, and also visiting his customers. With the loans, Alex opened a pharmacy in Makeni Town in Sierra Leone.
Although Alex's business is growing, he lacks the capital to purchase a variety of medicine. So he is requesting a loan of $700 to purchase more medications.
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.