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Mohamed
This is thirty-three-year-old Mohamed. He is married, and has two children aged two and six.

In 2003, Mohamed established his used clothing business. He began his business to be self-reliant after coming from the village. His business is located in the city center, and his main customers are adults. Working 7 days a week and 12 hours a day, he earns about Le 1,532,800 every month from this business.

He would like a loan in the amount of Le 3,000,000. Mohamed has already received and successfully repaid one loan, and now requires a new loan in order to pay for additional used clothes. He hopes that this loan can increase the stock and expand the business.

In the future, Mohamed plans to improve the business and expand to a shop. 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.

Tags

About Sierra Leone

  • $903
    Average annual income
  • 4
    View loans »
    Sierra Leone Loans Fundraising
  • $8,868,550
    Funds lent in using Kiva
  • 4,336.9
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mohamed to pay for used clothes.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2013
Listed
Dec 19, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014