Update on SinnehThis is 49-year-old Sinneh. He is married and has one child, age 14. In 1990, Sinneh established his used clothing business. He began his business because he wanted to be self-reliant, after spending most of his time in the mines. His business is located in the city center, and his main customers are adults. Working 7 days a week and 14 hours a day, he earns about SLL 1,641,000 every month from his business.
He would like a loan in the amount of SLL 5,000,000. Sinneh has already received and successfully repaid three loans. Now he requires a new loan, in order to buy additional used clothing. He hopes that this loan will strengthen his trading in clothes. Sinneh plans to open a fish-selling business at the central market, in the future. He thanks you for your support.
Previous Loan DetailsThis is 48-year-old Sinneh. He is married and has one child, age 13. He has one additional dependent, who lives with him because he adopted her. In 1990, Sinneh established his used clothing business. He began his business because he believed it would make him become self reliant. Working s... More from Sinneh's previous loan »
About the Association or Rural DevelopmentThe 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.
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Success!! The loan was 100% repaid