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Mohamed
This is thirty-three-year-old Mohamed. He is married and has two children aged three and eight. He has two additional dependents who live with him to help in the business. In 2010, Mohamed established his trimmings, electrical, drinks and pure water business. He started the business to be self reliant after graduating from school. His business is located in the outskirts and his main customers are adults. Working seven days a week and ten hours a day, he earns about SLL 1,194,200 every month from this business. He would like a loan in the amount of SLL 3,000,000. Mohamed requires a loan in order to buy additional trimmings and poplin. He hopes that this can improve his stock and maximize his profit. In the future, Mohamed plans to expand the business to include the sale of recharge cards. 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

  • $903
    Average annual income
  • 28
    View loans »
    Sierra Leone Loans Fundraising
  • $9,076,200
    Funds lent in using Kiva
  • 4,290.9
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mohamed to pay for additional trimmings and poplin.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2013
Listed
Aug 16, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014