This is 43-year-old Mohamed. He is married and has four children aged 20, 17, 14 and 11. He has one additional dependent, who lives with him because he is his nephew.
In 1998, Mohamed established his patient medicine business. He began his business because he wants to generate enough income to provide livelihood for his family. Working 7 days a week and 13 hours a day, he earns about Le 1,500,000 every month from this business. He would like a loan in the amount of Le 5,000,000.
Mohamed has already received and successfully repaid one loan and now requires a new loan in order to buy more patient drugs for his drug store. He hopes that this loan will enable him to increase his monthly profits by approximately Le 310,000. In the future, Mohamed plans to build a dwelling house, buy a car to facilitate his business, and to do international business. He thanks you for your support.
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.