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Foday
This is 41-year-old Foday. He is married and has two children aged 9 and 12 years old. In 2007, Foday established his Provisions and Soft Drinks business. He began his business because his low salary income was unable to support his family. Working 7 days a week and 12 hours a day, he earns about Le 700,000 every month from this business. He would like a loan in the amount of Le 5,000,000 .

Foday requires a loan in order to purchase 20 crates of soft drinks, and provisions to sell wholesale. In the future, Foday plans to travel to Liberia, Guinea, and Mali to buy more goods, make more profit and to erect a house. 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
  • 3
    View loans »
    Sierra Leone Loans Fundraising
  • $8,868,550
    Funds lent in using Kiva
  • 4,349.9
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Foday to buy more crates of soft drinks from the factory and provisions in bulk from importers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2012
Listed
Oct 21, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013