This is 45 year-old Francis. He is married, and has 3 children aged 2, 3 and 4 years old. He has 1 additional dependent, who lives with him to assist his wife in the house chores.
In 1996, Francis established his beverages, soft drinks, stout, beer and gins business. He began his business because he wants to be independent; the business started by selling on market days for his uncle and now he has his own business. Working 7 days a week and 10 hours a day, he earns about Le 1,200,000 every month from this business.
He would like a loan in the amount of Le 5,000,000. Francis has already received and successfully repaid 1 loan, and now requires a new loan in order to buy 10 crates soft drinks at Le 310,000, 10 crates stout at Le 900,000, 10 crates beer at Le 500,000 and 20 cartoons of gin at Le 860,000. He hopes that this loan will enable him to increase his monthly profits by approximately Le 400,000.
In the future, Francis plans to become a distributor to one of the brewery companies. The business will grow to a level of having to employ other people. The family would be comfortable. His products are consumed by people especially as an after work activity to reduce stress. 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.