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Mohamed
This is 44 year-old Mohamed. He is married, and has 5 children, aged 3, 6, 12, 16 and 21. In 1998, Mohamed established his used shoes business. The business started to be self-reliant and enabled him to take care of his family. He would like a loan in the amount of SLL 3,000,000. Mohamed has already received and successfully repaid 2 loans, and now requires a new loan in order to buy three bales of used school shoes. He hopes that this loan will enable him to increase his monthly profits by approximately SLL 382,800. In the future, Mohamed plans to improve the kiosk and to expand. 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
  • 31
    View loans »
    Sierra Leone Loans Fundraising
  • $9,245,200
    Funds lent in using Kiva
  • 4,336.9
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mohamed to pay for used shoes.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Oct 25, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013