Check out some available loans that are similar to this one!
Yamakoro

Update on Yamakoro

This is 35-year-old Yamakoro. She is married and has two children, ages 7 and 11. In 2006, Yamakoro established her imported food and cosmetics business. She began her business because she wanted to provide for her family. Working six days a week and 10 hours a day, she earns about SLL 950,000 every month from her business.

She would like a loan in the amount of SLL 4,000,000. Yamakoro has already received and successfully repaid one loan, and now she needs a new loan in order to purchase milk, sugar and flavorings. In the future, Yamakoro plans to educate her children, build a house and open a shop. The loan will help to generate more income. She is hardworking business woman. She thanks you for your support.

Previous Loan Details

This is 34-year-old Yamakoro. She is married and has two children aged 6 and 10 years. In 2006, Yamakoro established her imported food and cosmetics business. She began her business because she wanted to provide for her family. Working six days a week and 10 hours a day, she earns about Le 8... More from Yamakoro'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

  • $903
    Average annual income
  • 24
    View loans »
    Sierra Leone Loans Fundraising
  • $9,100,425
    Funds lent in using Kiva
  • 4,349.8
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Yamakoro to buy milk, sugar and flavorings for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 23, 2014
This photo was used before for a previous loan for Yamakoro. It was first posted on Kiva on May, 2011. Learn More