Ya Sinnah runs a small grocery shop in Makeni town, which she expanded with the loans from SMT. She plans to increase her stock and, in the future, rent a shop in the market. She is requesting a loan of $700 to pursue her dreams. Ya Sinnah is 41 years old and has 9 children. Her income contributes a lot towards family expenses, especially school requirements.
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.
A loan of $700 helped Ya Sinnah ya Sinnah has a small grocery store that is experiencing excellent growth and profits. She needs additional capital to continue to supplement her business as it moves towards becoming sustainable.