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Mohamed
This is 43-year-old Mohamed. He is married and has five children aged 20, 18, 12, 10 and 5. He has one additional dependent, who lives with him because she is a relative of his wife.

Mohamed owns a used shoes business. He began his business because he wants to provide for his family. Working seven days a week and 11 hours a day, he earns about Le 800,000 every month from this business.

He would like a loan in the amount of Le 3,000,000 to buy additional used shoes. He hopes that this loan will enable him to increase his monthly profits by approximately Le 200,000. In the future, Mohamed plans to build a house for his family and educate his children to the university level. 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
  • 35
    View loans »
    Sierra Leone Loans Fundraising
  • $9,245,200
    Funds lent in using Kiva
  • 4,350.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mohamed to buy more used shoes for his business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2011
Listed
May 24, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012