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Alpha
This is 38 year-old Alpha. He is married, and has 4 children aged 10, 7, 4 and 1 year, two are going to school. He also has his mother living with him. In 1994, Alpha established a vehicle tire shop. He began his business because he was forced to drop out of school in class 6 because of poverty. He became a truck apprentice learning maintenance and driving. He learnt tire patching also and was later employed in a company doing this. He worked for some years and the salary he accumulated was used to start his own tire business. Working 7 days a week and 11 hours a day, he earns about Le 1,248,000 every month from this business. He would like a loan in the amount of Le 3,000,000. Alpha requires a loan in order to buy different sizes of tires needed by his customers. In the future, Alpha plans to educate his children, buy a vehicle, buy machines for his business and build a house. This loan will help to improve his business. He is a committed and hardworking business man. He thanks you for your generosity towards the business people in his country and 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
  • 32
    View loans »
    Sierra Leone Loans Fundraising
  • $9,245,200
    Funds lent in using Kiva
  • 4,280.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Alpha to buy different sized used tires for his tire store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2013
Listed
Apr 17, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013