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Mohamed
This is 43-year-old Mohamed. He is married and has three children aged 22, 18 and 12. He has two additional dependents, who live with him because they are aged.

In 2005, Mohamed established his bakery business. He began his business because of the high profit earned in bread production. Working seven days a week and five hours a day, he earns about 1,150,000 Leone (SLL) every month from this business. He would like a loan in the amount of 5,000,000 SLL.

Mohamed has already received and successfully repaid one loan, and now requires a new loan in order to buy wheat flour and additional diesel for machine use. He hopes that this loan will enable him to increase his monthly profits by approximately 300,000 SLL. In the future, Mohamed plans to open another bakery in the west part of the city. With the loan, he hopes to increase production of bread. 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
  • 23
    View loans »
    Sierra Leone Loans Fundraising
  • $8,963,475
    Funds lent in using Kiva
  • 4,310.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Mohamed to pay for wheat flour.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2012
Listed
Mar 30, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012