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Update on Miniru

This is 27-year-old Miniru. He is married and has two children aged three and six. He has 1 additional dependent who lives with him to help a younger brother with his education.

In 2007, Miniru established his provisions, drinks and mobile phone recharge card business. The business was started after dropping out of school, so as to be self-reliant. His business is located on the outskirts of town and his main customers are adults and passengers. Working 7 days a week and 14 hours a day, he earns about 1,214,000 SLL every month from this business.

He would like a loan in the amount of 5,000,000 SLL. Miniru has already received and successfully repaid 3 loans and now requires a new loan in order to add to the stock and expand the trade on mobile phone recharge cards. He hopes that this loan will improve the business and add to the profit. In the future, Miniru plans to move from a wooden kiosk to a concrete shop. He thanks you for your support.

Previous Loan Details

This is 27-year-old Miniru. He is married and has 2 children aged 3 and 6 years. He has one additional dependent, who lives with him to help a younger brother with his education. In 2007, Miniru established his provision and drinks business. He began his business after dropping out from school, t... More from Miniru's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Sierra Leone

  • $2,100
    Average annual income
  • 5
    View loans »
    Sierra Leone Loans Fundraising
  • $9,478,050
    Funds lent in using Kiva
  • 4,300.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Miniru to pay for provisions, drinks and recharge cards.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 21, 2012
Dec 3, 2012
Currency Exchange Loss:
May 17, 2013