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This is 45-year-old Fatmata. She is married to a trader and has four children, aged 25, 18,15 and 10 years respectively; all are school-going children. She has one additional dependent, who lives with her because she is a foster child.

In 1991, Fatmata established her cola-nuts, palm oil, pepper and groundnut business. She began her business because she was unprivileged to attend school and her father forced her into early marriage at the age of 15 years to a businessman. They did business together for some years but later her husband gave her some money to establish her own business, which has grown over the years from a stall to a shop.

Working seven days a week and 11 hours a day, she earns about 1,066,000 Sierra Leone leones (Le) every month from this business. She would like a loan in the amount of Le 5,000,000.

Fatmata has already received and successfully repaid four loans, and now requires a new loan in order to purchase the following items: Cola-nuts - 10 bags @ Le400,00; and palm oil - 8 rubbers @ Le90,000. The balance will be used to pay laborers.

She hopes that this loan will enable her to increase her monthly profits by approximately Le 160,000. In the future, Fatmata plans to build another house and have her own store. She also plans to provide a quality education for her children.

She feels good in taking this loan as it will help her to earn more income. Her major challenge is that sometimes she can buy some items with a high cost from her suppliers but when she goes to sell them, there will be a fall in prices. Competition is high, but she overcomes her competitors by selling at a reduced cost. She serves 10 customers each day.

Her business is popular because she is honest and sells at a reduce price. Her suppliers are located in Bo Town and Sanda. She transports her supplies by public vehicle, and she buys three times per month. She adds her profit to the business. She is planning to expand her business and this will be accomplished by acquiring loans. 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
  • 62
    View loans »
    Sierra Leone Loans Fundraising
  • $9,347,350
    Funds lent in using Kiva
  • 4,150.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Fatmata to purchase the following items: cola-nuts - 10 bags @ Le400,00; and palm oil - 8 rubbers @ Le90,000.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Nov 10, 2011
Dec 13, 2011
Currency Exchange Loss:
Oct 16, 2012