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Katumu
This is 36-year-old Katumu. She is married, and has two children aged six and three. She has four additional dependents, who live with her to assist with the house chores and give them higher learning.

In 2001, Katumu established her cooking condiment business. She began her business to take care of her home and personal needs. Working seven days a week and 10 hours a day, she earns about 1,300,000 Leone (SLL) every month from this business. She would like a loan in the amount of 5,000,000 SLL. Katumu has already received and successfully repaid four loans, and now requires a new loan in order to buy additional cooking condiments. She hopes that this loan will enable her to increase her monthly profits by approximately 260,000 SLL.

In the future, Katumu plans to own a shop and to be a supplier of cooking condiments and to educate her children to the university level. 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
  • 0
    View loans »
    Sierra Leone Loans Fundraising
  • $8,868,550
    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 Katumu to pay for cooking condiments.
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