This is 38-year-old Marie. She is married to a trader who earns Le500,000 every month and has one child aged 10 years. She has two additional dependents, who live with her because they were brought by her husband from the village to assist them in their schooling.
In 2001, Marie established her household utensil business. She began her business because she was not privileged to go school and after she was full grown, her elder brother gave her some money to start selling cakes. After she got married, her husband asked her to change the business to household utensils because of the fire risk involved in baking the cakes.
Working 7 days a week and 9 hours a day, she earns about Le 1,095,000 every month from this business. She would like a loan in the amount of Le 4,500,000. Marie has already received and successfully repaid one loan and now requires a new loan in order to purchase drinking buckets 13 dozens @ Le1,740,000, bathing bucket 3 dozens @ Le330,000, set pans - 10 sets @ Le350,000, bowl pans - 5 dozens @ Le600,000, dish pan - 1 dozen @ Le900,000 and plastic bowls - 3 dozens @ Le450,000. The balance of Le130,000 will be used for transportation.
Marie hopes that this loan will enable her to increase her monthly profits by approximately Le 164,250. In the future, Marie plans to build her own house and educate her children to university level. She feels good because this loan will add to her capital and this loan will help her to improve her business and earn more income.
Her major challenge is that some of the items may get damaged or spoilt when travelling with them. She serves about 10 customers each day. The business is popular because the items are used by the majority of people and they are of good quality. She is assisted by her younger sister who doesn't go to school. Her suppliers are in Freetown and Guinea Conakry. She usually uses public transport and she buys twice a month. She saves some of her profit and ploughs the balance back into the business. She is planning to expand and this can be achieved by adequate utilization of her capital and profit. She is hardworking and honest. She 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.