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Memunatu
This is 42-year-old Memunatu. She is married and has four children aged 20, 17, 11 and 7. In 2008, Memunatu established her clothing and textiles business. She began her business just to support her children's education as her husband is late. Her business is located in the city center and her main customers are mostly women. Working seven days a week and 10 hours a day, she earns about Le 500,000 every month from this business. She would like a loan in the amount of Le 3,000,000. Memunatu requires a loan in order to pieces of wax cotton for Le 2,000,000 and pieces of dry cotton for Le 1,000,000. She hopes that this loan increases her stock level. In the future, Memunatu plans to educate her children and to improve her business. She thanks Kiva. She 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
  • $9,245,175
    Funds lent in using Kiva
  • 4,329.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Memunatu to buy more clothing for her shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2013
Listed
Oct 15, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014