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Mohamed
Mohamed is 49 years old and is married with 4 children aged 16, 14, 8 and 5. He has 2 additional dependents living with him. They are his wife's relatives.
In 2004, Mohamed established his plumbing fittings business. He began his business by repairing fittings whilst he was an apprentice at SALWACO. Working 6 days a week and 10 hours a day, he earns about Le 1,300,000 every month from his business. He would like a loan in the amount of Le 5,000,000. Mohamed has already received and successfully repaid 3 loans and now requires a new loan in order to buy plumbing material for his shop. He hopes that this loan will enable him to increase his monthly profits by approximately Le 350,000.
In the future, Mohamed plans to do contract for major companies in order to cater to his children's schooling and medication. He 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
  • 40
    View loans »
    Sierra Leone Loans Fundraising
  • $9,194,175
    Funds lent in using Kiva
  • 4,420.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Mohamed to buy plumbing material for his business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2011
Listed
Oct 30, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2012