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Anonymous
This borrower is 45 years old. She is married and has 2 children aged 6 and 12. In 1991, she established her rice sales business. She started her business because she hopes to sustain herself and to help her husband. Working 6 days a week and 10 hours a day, she earns about Le 750,000 every month.

She would like a loan of Le 3,500,000 to buy 200 bags of rice @ Le 145,000. She hopes that this loan will enable her to increase her monthly profits by approximately Le 250,000.

In the future, she plans to supply to retailers and travel to Freetown to buy rice in greater quantities. She is very determined and hardworking. She 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
  • 12
    View loans »
    Sierra Leone Loans Fundraising
  • $8,963,475
    Funds lent in using Kiva
  • 4,375.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped this borrower to pay for 200 bags of rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011