Check out some available loans that are similar to this one!
Ibrahim

Update on Ibrahim

Ibrahim is 45 years old. He is married and has four children, aged 9, 13, 17, and 19. Three of his children attend school.

In 1998, Ibrahim established his used clothing (house dressings) business. He began his business because he was in school when his father died. As a result, he went to live with his older sister and joined his brother-in-law's business. Ibrahim stayed with them for several years before he set up his own business.

Working seven days a week and ten hours a day, Ibrahim earns about SLL 1050,000 every month from this business. Ibrahim has improved his business and standard of living and would like a loan in the amount of SLL 4,000,000 to purchase bales of house dressings.

He hopes to complete his unfinished building and wants to acquire more loans in order to purchase large amounts of stock. He thanks you for your support.

Previous Loan Details

Ibrahim is 44 years old. He is married and has four children, aged 8, 12, 16, and 18. Three of his children attend school. In 1998, Ibrahim established his used clothing (house dressings) business. He began his business because he was in school when his father died. As a result, he went to li... More from Ibrahim'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.

Tags

About Sierra Leone

  • $2,100
    Average annual income
  • 59
    View loans »
    Sierra Leone Loans Fundraising
  • $9,347,350
    Funds lent in using Kiva
  • 4,317.8
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Ibrahim to purchase bales of house dressings.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2013
Listed
Dec 16, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 10, 2015
This photo was used before for a previous loan for Ibrahim. It was first posted on Kiva on Mar, 2013. Learn More