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Update on Mohamed

This is 41-year-old Mohamed. He is married and has four children aged 17, 14, 11 and 8. In 1999, Mohamed established his clothing and textile business. He began his business just to enable him to adequately take care of his family. His business is located in the city centre and his main customers are mostly men. Working 7 days a week and 10 hours a day, he earns about Le 600,000 every month from this business. He would like a loan in the amount of Le 4,000,000.

Mohamed has already received and successfully repaid one loan and now requires a new loan in order to buy jeans, trousers (Le 2,000,000), gent’s shirts (Le 1,000,000) and traveling boxes (Le 1,000,000). He hopes that this loan will increase his capital base.

In the future, Mohamed plans to erect a house and to educate his children. He thanks you for your support.

Previous Loan Details

This is 40-year-old Mohamed. He is married and has 4 children, ages 16, 13, 10 and 7. In 1999, Mohamed established his textile business. He began his business just to enable him to adequately take care of his family and it is the only source of livelihood. Working 7 days a week and 10 hours a... More from Mohamed's previous loan »

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.

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.

About Sierra Leone

  • $2,100
    Average annual income
  • 60
    View loans »
    Sierra Leone Loans Fundraising
  • $9,347,350
    Funds lent in using Kiva
  • 4,290.9
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Mohamed to buy jeans, trousers, and shirts.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 2, 2013
Aug 17, 2013
Currency Exchange Loss:
Jul 17, 2014
This photo was used before for a previous loan for Mohamed. It was first posted on Kiva on Sep, 2012. Learn More