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Momoh
This is 44-year-old Momoh. He is married and has two children, aged 7 and 15.

In 2006, Momoh established his used household items business. He began his business because he wanted to become self-reliant. Working seven days a week and 13 hours a day, he earns about 1,107,900 Le (Sierra Leone leones) every month from this business.

He would like a loan in the amount of Le3,000,000. Momoh requires a loan in order to purchase more of his stock items for resale. In the future, Momoh plans to expand to the outskirts of the town and hopes to be able to cater for the needs of his children. The competition is low, and the business is good as it is in the center of town. He deals mainly with office workers. He 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
  • 30
    View loans »
    Sierra Leone Loans Fundraising
  • $9,245,200
    Funds lent in using Kiva
  • 4,319.7
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Momoh to pay for used household items to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013