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Mohamed
This is 42-year-old Mohamed. He is married and has two children aged 3 and 7. In 2000, Mohamed established his patent drugs business. The business started out of the need to be self-sustainable and care for the needs of the family. Working 7 days a week and 10 hours a day, he earns about Le 1,270,000 every month from this business.

Mohamed would like a loan in the amount of Le 3,000,000. Mohamed requires a loan in order to buy additional patent drugs. He hopes that this loan will enable him to increase his monthly profits by approximately Le 520,700. In the future, Mohamed plans to improve the business to a pharmacy. The loan can improve the stock and increase the profit. 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
  • 21
    View loans »
    Sierra Leone Loans Fundraising
  • $9,015,475
    Funds lent in using Kiva
  • 4,365.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mohamed to pay for patent drugs.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2012
Listed
Aug 27, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013