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Mohamed
This is 31-year-old Mohamed. He is married and has 2 children ages 9 and 7 years. Both go to school. In 2008, Mohamed established his Home Movies, DVDs and provisions business. He began his business because he was living with his aunt who was a petty trader. He was in school but dropped out with no good reason; just negligence of school work. His aunt persuaded him to go back to school but he would not listen. She then encouraged him to join her in petty trading.

Working 7 days a week and 12 hours a day, he earns about Le 395,000 every month from this business. He would like a loan in the amount of Le 3,000,000. Mohamed requires a loan in order to purchase American and African movies and provisions. In the future, Mohamed plans to expand his business. His major challenge is competition, but a large sum of capital is required in his line of business in order to beat his competitors. He is looking forward to this credit service for loans that will enable him to buy the latest video films. He is a hardworking businessman. 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
  • 51
    View loans »
    Sierra Leone Loans Fundraising
  • $9,344,750
    Funds lent in using Kiva
  • 4,320.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mohamed to purchase American and African movies and provisions.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013