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Anonymous
Our borrower is 32 years old, married and has two children, both of whom are in school. In 2003, she went into business for herself by selling imported food. Her goal was to earn enough money to help her husband support their family. She works seven days a week, 10 hours a day and earns about Le 750,000 a month. She has an excellent repayment history and is applying for a new loan, for Le 500,000, to buy more imported food to sell to her customers. She hopes that this loan will allow her to increase her monthly profits by about Le 250,000 so that she can complete construction of her home and open a second business in a new location. She thanks all Kiva lenders for their 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
  • 0
    View loans »
    Sierra Leone Loans Fundraising
  • $8,868,550
    Funds lent in using Kiva
  • 4,255.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped this borrower to buy more imported food to sell to her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2011
Listed
Jun 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012