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Sorie
This is 38 year-old Sorie. In 1998, Sorie established his firewood and building materials business because he needed an income to support his family. Despite never having had the opportunity to attend school, Sorie is a savvy and entrepreneurial businessman: he began as a loader and eventually built his own boat in order to retrieve stock for himself. Today, Sorie has three boats and employs 18 people in his business. Working seven days a week and 12 hours a day, he earns about Le 2,211,600 every month.

He would like a loan in the amount of Le 4,500,000 to buy more firewood and planks. He hopes that this loan will enable him to increase his monthly profits by approximately Le 884,640. In the future, Sorie plans to buy a house in the center of town to avoid the flooding that frequently occurs near his current business and home during the rainy season.

He and his wife have three children, ages five, eight, and 13. He also supports 10 additional dependents.

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
  • 4,075.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Sorie to buy more firewood and planks for his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2010
Listed
Oct 15, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011