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Fatmata
This is 49-year-old Fatmata. She is a widow and has one 15-year-old child. She has three additional dependents who live with her because they serve as sales assistants.

In 2007, Fatmata established her textiles business. She began her business to empower her to care for her child. Working seven days a week and ten hours a day, she earns about 1,900,000 SLL every month.

Fatmata would like a loan in the amount of 5,000,000 SLL. She has already received and successfully repaid two loans and now requires a new loan to buy materials like poplin, siphon, and cheek. She hopes that this loan will enable her to increase her monthly profits by approximately 300,000 SLL.

In the future, Fatmata plans to increase the level of her stock. She also plans to embark on international trade and to build a house. The rising cost of her supplies is one challenge she faces. 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

  • $2,100
    Average annual income
  • 54
    View loans »
    Sierra Leone Loans Fundraising
  • $9,327,250
    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 Fatmata to buy more textiles for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2012
Listed
May 21, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013