This is 48-year-old Saidu B. He is married and has three children, 20, 15 and 10 years old. All are school-going children.
In 2010, Saidu B established his business, selling things like cigarettes, soap, batteries, paste, milk, sardines, toothbrushes, etc. He began his business because he was not privileged to attend school. He used to farm with his father and when he became mature, he farmed on his own and the proceeds were used to start a small business in the village.
Working seven days a week and 11 hours a day, he earns about Le 2,250,000 every month from this business. Inadequate capital is his major challenge. He would like a loan in the amount of Le 4,500,000.
Saidu B. has already received and successfully repaid one loan, and now he requires a new loan in order to buy cigarettes - 3 cartons @ Le 620,000; batteries - 5 cartons @ Le 171,000; sardines - 5 cartons @ Le 125,000; Peak milk - 4 cartons @ Le 260,000; drinks - 6 dozen @ Le 20,000.
In the future, Saidu B. plans to open another outlet, provide quality education for his children, build a house and become a famous businessman. This loan will help to achieve some of his future plans. He is a hardworking businessman. 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.