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Alpha
This is 38-year-old Alpha. He is married and has 4 children, aged 14, 10, 8 and 5. In 2004, Alpha established his oil paint, paint brush, door lock, nail, staple, roller brush etc. business. Working 7 days a week and 11 hours a day, he earns about Le 1,300,000 every month from this business. He would like a loan in the amount of Le 3,000,000.

Alpha has already received and successfully repaid 2 loans, and now requires a new loan in order to buy 25 gallons of oil paint at Le 68,000 and 15 roller brushes at Le 100,000. In the future, Alpha plans to build a house, educate his children up to university, acquire a shop and send his children abroad. His major challenge is limited capital. He is a hardworking businessman. The previous loan helped him to have more profit. 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

  • $2,100
    Average annual income
  • 26
    View loans »
    Sierra Leone Loans Fundraising
  • $9,245,175
    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 Alpha to buy 25 gallons of oil paint at Le 68,000 and 15 roller brushes at Le 100,000.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013