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Memuna
This is 35-year-old Memuna. She is married, and has 4 children aged 17 yrs, 12 yrs, 9 yrs and 6 yrs. In 1998, Memuna established her food stuff business. While she was with her mother, Memuna became interested in business because her mother was a small-scale trader. When she got married she decided to start her own business to help her husband support their family. Working 6 days a week and 12 hours a day, she earns about Le 900,000 every month from this business.

She would like a loan in the amount of Le 4,500,000. Memuna requires a loan in order to buy maggi, onions and rice for her business. She hopes that this loan will enable her to increase her monthly profits by approximately Le 350,000. In the future, Memuna plans to educate her children to university level. Memunatu is honest and hardworking. 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
  • 26
    View loans »
    Sierra Leone Loans Fundraising
  • $9,095,750
    Funds lent in using Kiva
  • 4,310.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Memuna to buy maggi, onions and rice for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2012