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Foday
This is 42-year-old Foday. He is married, and has two children aged seven and four years old. One is a school going child. In 2012, Foday established his building material business. He began his business because he was trained in business and that is why he decided to set up his own to provide a livelihood and develop his family. Working 7 days a week and 11 hours a day, he earns about SLL 8,000,000 every month from this business. He would like a loan in the amount of SLL 5,000,000. Foday requires a loan in order to buy more building materials (cement, paints, and floor mats). In the future, Foday plans to improve his business and educate his children to university level. He thanks you for your support

Additional Information

More information about this loan

This loan is to a borrower living in Sierra Leone, one of the countries in West Africa currently experiencing an Ebola outbreak. The epidemic is the largest in history, claiming thousands of lives and deeply affecting the national economy. This partner is continuing to operate throughout the outbreak, but accordingly these loans will have a higher risk associated with them. Learn more about the epidemic here

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
  • 6
    View loans »
    Sierra Leone Loans Fundraising
  • $8,977,275
    Funds lent in using Kiva
  • 4,395.6
    Sierra Leone Leones (SLL) = $1 USD
Expired
A loan of $1,150 helped Foday to buy more building materials (cement, paint, and floor mats).
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2014
Listed
May 23, 2014
Currency Exchange Loss:
Possible
Expired:
Jun 22, 2014