This is 44-year-old Edward. He is married and has 3 children, aged 4, 7, and 15. He has 2 additional dependents who live with him to help in the business as caterers. In 2009, after retiring from government services, Edward established his food and drink business in order to be self-reliant. Working 7 days a week and 12 hours a day, he earns about Le 2,600, which is around 200 every month from this business. He would like a loan in the amount of Le 4,000,000. Edward has already received and successfully repaid 2 loans and now requires a new loan in order to increase drinks (soft drinks and beverages). He hopes that this loan will enable him to increase his monthly profits by approximately Le 650,500. In the future, Edward plans to open another outlet. He thanks you for your support.
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.