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Foday
This is 28 year-old Foday. He is single, and has no children. In 2001, in the outskirts of Freetown city, he established his slippers business because he realized his need to be independent and self-employed. Working 7 days a week and 10 hours a day he earns about SLL 800,000 per month.

Foday needs a loan of SLL 5,000,000 in order to buy more bags of different kinds of plastic slippers for his business. He hopes that this loan will enable him to increase his monthly profits by approximately SLL 200,000. 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
  • 54
    View loans »
    Sierra Leone Loans Fundraising
  • $9,327,250
    Funds lent in using Kiva
  • 4,350.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Foday to buy more bags of different kinds of plastic slippers for his business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2011
Listed
May 16, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012