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Mohamed B.
This is 36-year-old Mohamed. He is married, and has 3 children aged 1, 4 and 9 years. In 2008, Mohamed established his used bicycle business. He began his business after dropping out of school for lack of fees and to be self reliant. Working 7 days a week and 11 hours a day, he earns about 1,982,000 SLL every month from this business. He would like a loan in the amount of 3,000,000 SLL. Mohamed requires a loan in order to develop the business. He hopes that this loan will enable him to increase his monthly profits by approximately 250,000 SLL. In the future, Mohamed plans to be able to expand to a permanent store. 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
  • 6
    View loans »
    Sierra Leone Loans Fundraising
  • $9,015,475
    Funds lent in using Kiva
  • 4,405.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mohamed B. to pay for bicycles.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
Jun 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013