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Fatmata
This is 26 year-old Fatmata. She is married and has one four year old child. She has no additional dependents which live with her.

In 2010, Fatmata established her plastic, rubber and glass plate business. She began her business after she completed her diploma in business management and even though she tried hard to find a job she could not. She then decided to establish her own business. With the experience she has and the qualification, she concluded that she can grow faster so she requested some amount of money from her husband to start her business.

Working seven days a week and ten hours a day, she earns about Le 1,500,000 every month from this business. She would like a loan in the amount of Le 5,000,000. Fatmata requires a loan in order to buy 50 set pans @ 24,000,40, flax @ 30,000 and 38 sets cool man @ 67,000 and the balance will be used to pay for transportation.

She hopes that this loan will enable her to increase her monthly profits by approximately Le 963,000. In the future, Fatmata plans to expand the business and also hope to see her child educated to a higher level. Hard working and very dedicated to business, 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
  • 10
    View loans »
    Sierra Leone Loans Fundraising
  • $9,001,175
    Funds lent in using Kiva
  • 4,400.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Fatmata to buy materials for her plastic, rubber and glass plate business and pay for transportation.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2012
Listed
Mar 23, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012