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Yayah

Update on Yayah

Forty-four-year-old Yayah is married and has two children aged nineteen and sixteen. His dependent father also lives with him.

In 2001, Yayah began selling garri (cassava flakes) because he needed to alleviate his domestic difficulties. His business is the only source of livelihood for him and his family. Working seven days a week and ten hours a day, he earns about 7,600,000 SLL every month. The rising cost of transportation is his major challenge, though, and competition is extremely high.

Yayah would like a loan of 5,000,000 SLL in order to buy more garri to sell. He hopes that this loan will enable him to increase his monthly income by approximately 751,000 SLL.

In the future, Yayah plans to purchase and install a garri processing machine in his village and to give his children a quality education. He thanks you for your support.

Previous Loan Details

44-year-old Yayah is married and has two children aged nineteen and sixteen. His dependent father also lives with him.

In 2001, Yayah began selling garri (cassava flakes) because he needed to alleviate his domestic difficulties. His business is the only source of livelihood for him and his… More from Yayah'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
  • 0
    View loans »
    Sierra Leone Loans Fundraising
  • $8,868,550
    Funds lent in using Kiva
  • 4,339.9
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Yayah to buy more garri to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Yayah. It was first posted on Kiva on Jul, 2011. Learn More