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Fatmata
This is 51 year-old Fatmata. She is married,and has four children ages 22, 17, 13 and 4. Three are attending school. She has one additional dependent who lives with her in foster care. In 1991, Fatmata established her groundnuts business. She began her business because she stopped her education in Form II, and her parents gave her some money to start selling porridge. Working seven days a week and 10 hours a day, she earns about Le 1450000 every month from this business. She would like a loan in the amount of Le 3,000,000 . Fatmata requires a loan in order to buy groundnuts - 10 bags @ Le300,000. In the future, Fatmata plans to build a house, educate her children and open a shop. This loan will help to increase stock and earn more profit. Inadequate capital is her major challenge. She is hard working business woman. She 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
  • 54
    View loans »
    Sierra Leone Loans Fundraising
  • $9,327,250
    Funds lent in using Kiva
  • 4,349.8
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Fatmata to buy more ground nut for her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013