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Mamie
This is 26-year-old Mamie. She is married to a driver and has three children ages 2, 5 and 9 years old. In 2001, Mamie established her textiles business. She began her business because she learned from her mother as she was helping her to trade in the market until she got married. Mamie’s husband helped her to open her own business so that she could help provide support for the family. Working 6 days a week and 11 hours a day, she earns about Le 1,200,000 every month from this business. She would like a loan for Le 5,000,000. Mamie requires a loan in order to buy one bale of lace @ Le 1,500,000 and one bale of real wax cotton @ Le 3,500,000. She hopes that this loan will enable her to increase her monthly profits by approximately Le 250,000. In the future, Mamie plans to open a shop. By acquiring loans, she will be able to buy more goods. She wants her children to have a good life and go through good schools so the loan will help to pay their school fees. The rains and high cost of transportation are her major business challenges. She serves the surrounding villages and the city centre. Mamie buys quality textiles and maintains good relationships with her customers. She travels twice monthly to Conakry or Freetown by road to buy her business stock. 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

  • $2,100
    Average annual income
  • 30
    View loans »
    Sierra Leone Loans Fundraising
  • $9,245,175
    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 Mamie to buy lace and real wax cotton.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Aug 25, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012