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Backeta
This is 33 year-old Backeta. She is married and has two children, age 9 and 5. She has one additional dependent who lives with her.

In 2008, Backeta established her salon business. She began her business because, after her fourth form, she was not able to continue her schooling and does not want to be dependent on family or relatives.

Working six days a week and 10 hours a day, she earns about SLL 500,000 every month from this business.

She would like a loan in the amount of SLL 3,000,000. Backeta requires a loan in order to buy furniture for her saloon, worth SLL 2,500,000, and to renovate for SLL 500,000. She hopes that this loan will enable her to increase her monthly profits by approximately SLL 429,000.

In the future, Backeta plans to expand the shop and employ more staff to satisfy her customers, and she also hope to see her only daughter educated to university level. 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

  • $2,100
    Average annual income
  • 51
    View loans »
    Sierra Leone Loans Fundraising
  • $9,344,750
    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 Backeta to buy furniture and renovate.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2012
Listed
Jun 12, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013