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Fatmata
This is 45-year-old Fatmata. She is married, and has 2 children aged 18 and 15 years. In 1992, Fatmata established her local foodstuff business. She began her business because of the experience she got from her mother when she was a small girl until she matured and was wedded to her husband, who gave her money to start a business. Working 6 days a week and 10 hours a day, she earns about Le 1,500,000 every month from this business. She would like a loan in the amount of Le 4,000,000. Fatmata requires a loan in order to buy 11 bags of beans @ Le 350,000 and the remaining Le 150,000 for transportation. She hopes that this loan will enable her to increase her monthly profits by approximately Le 550,000. In the future, Fatmata plans to rent a very big store and to be a leading distributor of local foodstuff. 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
  • 53
    View loans »
    Sierra Leone Loans Fundraising
  • $9,327,250
    Funds lent in using Kiva
  • 4,362.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Fatmata to buy 11 bags of beans @ le 350,000 and the remaining Le 150,000 for transportation.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Aug 15, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013