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Fatmata
This is 38-year-old Fatmata. She is married and has two children, ages 12 and 15 years old. She has two additional dependents, who live with her because they are in school. In 2002, Fatmata established her shoe sales business. She began her business to enable her to care for herself and her dependents, and the business is her only source of livelihood at the moment. Working seven days a week and ten hours a day, she earns about Le 800,000 every month from this business. She would like a loan in the amount of Le 3,000,000. Fatmata requires a loan in order to buy plastic slippers. She hopes that this loan will enable her to increase her monthly profits by approximately Le 200,000. In the future, Fatmata plans to develop her plot of land in Bo, to develop her business into a shop and to give her children a quality education. 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
  • 13
    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 $700 helped Fatmata to buy plastic shoes for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 21, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012