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Ibrahim S.
This is 46-year-old Ibrahim S. He is married and has five children who are 20, 18, 15, 11 and 6 years old. He has one additional dependent (an orphan)who lives with him. In 2007, Ibrahim S. established his used bicycles business. Working 7 day.a week and 11 hours a day, he earns about Le 1,900,000 every month from this business. He would like a loan in the amount of Le 5,000,000. Ibrahim S. has already received and successfully repaid one loan and now requires a new loan in order to buy bicycles. He needs (26 size) - 10 pieces @ Le295,000; mountain bicycles - (24 size) - 7 pieces @ Le270,000, BMX bicycles -(20 size) - 1 piece @ Le150,000. The balance of Le10,000 will be used to pay laborers. In the future, Ibrahim S. plans to build a house, buy a car, and provide quality education for his children.This loan will help him to accomplish his plans. His major challenge is competition. He is hard working and honest. 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
  • 41
    View loans »
    Sierra Leone Loans Fundraising
  • $9,194,175
    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 Ibrahim S. to buy bicycles and pay for labor.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
Apr 28, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012