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Abu Bakarr
This is 41-year-old Abu Bakarr K.. He is married, and has two children aged 10 and 25 years.

In 2008, Abu established his chair-upholstering business. He began his business because he needed to generate income to support his family.

Working six days a week and 10 hours a day, he earns about SLL 700,000 every month from this business. He would like a loan in the amount of SLL 3,000,000. Abu has already received and successfully repaid one loan and now requires this new loan in order to add more stock to his business for more profit.

He hopes that this loan will enable him to increase his monthly profits by approximately SLL 300,000.

In the future, Abu Bakarr K. plans to educate his children to university level and open another shop. 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

  • $2,100
    Average annual income
  • 51
    View loans »
    Sierra Leone Loans Fundraising
  • $9,344,750
    Funds lent in using Kiva
  • 4,305.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Abu Bakarr to buy upholstery materials.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
Apr 17, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012