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Fatmata
This is 40 year-old Fatmata. She is married, and has 5 children. She has 1 additional dependents, who live with her because to assist in her schooling. In 1995, Fatmata established her cooking condiment business. She began her business because she wants to be self dependant and to take care of her home. Working 7 days a week and 10 hours a day, she earns about Le 2,000,000 every month from this business. She would like a loan in the amount of Le 4,000,000. Fatmata has already received and successfully repaid 1 loans, and now requires a new loan in order to add to her stock. She hopes that this loan will enable her to increase her monthly profits by approximately Le 400,000. In the future, Fatmata plan to be a supplier of cooking condiment and to educate her children. 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
  • 21
    View loans »
    Sierra Leone Loans Fundraising
  • $9,015,475
    Funds lent in using Kiva
  • 4,401.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Fatmata to buy more imported foodstuffs for her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2011
Listed
Oct 31, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2012