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Fatmata
This is 37-year-old Fatmata. She is married and has two children aged 17 and 6 years. She has no additional dependents, who live with her. In 2000, Fatmata established her textiles and bags business. She began her business because she needed to earn her living. Working 6 days a week and 8 hours a day, she earns about Le 1,200,000 every month from this business. She would like a loan in the amount of Le 5,000,000.

Fatmata requires a loan in order to buy 30 suit of Africana dresses @le 150,000 and use Le 500,000 for transportation. She hopes that this loan will enable her to increase her monthly profits by approximately Le 429,000.

Fatmata is excited about the loan and she is planning to expand her business and open an outlet for her younger brother.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
  • 20
    View loans »
    Sierra Leone Loans Fundraising
  • $9,015,475
    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 30 suit of Africana dresses @le 150,000 and use Le 500,000 for transportation.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2012
Listed
Jun 19, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013