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Foday
Foday is 34 years old. He is married to a trader, and has one child who is six years old. He has nine additional dependents who live with him because they need assistance from him. In 1990, Foday established his alcoholic drinks business. He began his business because he could not further his education after high school. Working six days a week and eight hours a day, he earns about 1,812,400 SLL every month from this business. He would like a loan in the amount of 4,000,000 SLL. Foday requires a loan in order to increase his stock. He hopes that this loan will enable him to increase his monthly profits by approximately 571,860 SLL. In the future, Foday plans to educate his child to university level and buy a piece of land. He also plans to rent a shop and sell wholesale. He thanks you for your support.

Additional Information

About the Association or Rural Development

The Association for Rural Development (ARD) is one of the leading microfinance institutions in Sierra Leone. Established in 1989, ARD has offered individual and group loans to support small-scale businesses across the country for two decades. You can learn more about ARD on its partner profile page, support the organization and its staff by joining the ARD lending team, or lend to another one of its borrowers currently raising funds on Kiva.

About Sierra Leone

  • $903
    Average annual income
  • 16
    View loans »
    Sierra Leone Loans Fundraising
  • $9,076,200
    Funds lent in using Kiva
  • 3,900.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Foday to buy more assorted drinks to sell in his shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2010
Listed
Sep 28, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011