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Rosa

Update on Rosa

Rosa is single and 39 years old. In 2005, Rosa established a business selling drinks, pure water and mobile phone recharge cards in order to empower herself to meet her basic needs. Rosa works 7 days a week and 10 hours each day; she earns about SLL 1,100,000 every month from this business.

Rosa would like a loan in the amount of SLL 4,000,000 to buy more drinks, pure water and mobile phone recharge cards for her business. In the future, Rosa plans to build a house and expand her business. She thanks you for your support.

Previous Loan Details

Rosa is single and 38 years old. In 2005, Rosa established her drinks, pure water and mobile phone recharge card business. She began to empower herself to meet her basic needs. Rosa works 7 days a week and 10 hours each day; she earns about Le 1,000,000 every month from this business. She would ... More from Rosa'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
  • 64
    View loans »
    Sierra Leone Loans Fundraising
  • $9,347,350
    Funds lent in using Kiva
  • 4,349.9
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Rosa to buy more drinks, pure water and mobile phone recharge cards for her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Dec 21, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Rosa. It was first posted on Kiva on Apr, 2012. Learn More