Salone Microfinance Trust (SMT)

To reduce poverty among the economically active poor by providing sustainable access to financial services.

Salone Microfinance Trust (SMT)
13 Azzolini Highway
Makeni, Northern Province +232
Sierra Leone
+23230302983
http://salonemicrofinancetrust.org/

Executive Director

Archibald Shodeke

Board of Directors

Lloyd McCormick, Francess Kondoh, Sandy Daramy, Abubakarr Foffanna, Billy Abimbilia, Sydnella Bob-Williams, Abubakarr Foffana, Archibald Shodeke, Ibrahim Tunkara, Paul Musa, Solomon Beah, Amie Collins-Cole

Mission

To reduce poverty among the economically active poor by providing sustainable access to financial services.

Programs

Salone Microfinance Trust (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.

Statistics on Salone Microfinance Trust (SMT)