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This is 51-year-old Osman. He is married and has three children aged 25, 17, and 6. He has two additional dependents who live with him and also supports their schooling. In 1989, Osman established his junk business. He began his business immediately after he completed his fifth form, and his parents did not have money to support him in furthering his education. Therefore, he decided to assist his friends in business until the time when he got some capital to establish his own business.

Working seven days a week and 10 hours a day, he earns about 2,000,000 Sierra Leone leone (SLL) every month. He would like a loan in the amount of 5,000,000 SLL. Osman has already received and successfully repaid a loan and now requires a new loan in order to buy 10 bales of used clothing at 450,000 SLL and the balance will be used for transportation. He hopes that this loan will enable him to increase his monthly profits by approximately 1,000,000 SLL. In the future, Osman plans to establish his business in the provinces. 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

  • $2,100
    Average annual income
  • 22
    View loans »
    Sierra Leone Loans Fundraising
  • $9,379,975
    Funds lent in using Kiva
  • 4,320.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Osman to buy 10 bales of used clothing at 450,000 SLL.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 20, 2012
Jun 24, 2012
Currency Exchange Loss:
Jan 15, 2013