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Marie
This is 50 year-old Marie. She is widowed, and has four children ages 22, 17, 14 and 11.

In 2004, Marie established her canned tomatoes, soap, rice, flour, vegetable oil, onion, caustic soda, magi, and sugar business. She began her business because she dropped out of school due to the traditional belief that a girl child should not be educated. She joined her mother in doing her business, and later got married.

She started taking rice by bags from the Lebanese shops on a credit basis. The profit she generated was used to start her own business. Working 7 days a week and 10 hours a day, she earns about Le 988,000 every month from this business.

She would like a loan in the amount of Le 3,000,000. Marie requires a loan in order to purchase the following items: bags of different kinds of rice, bags of flour, sugar, cornmeal, containers of vegetable oil, packets of maggi, salt, cartoons of canned tomatoes, etc.

In the future, Marie plans to invest in the business and expand more to purchase a piece of land. The loan will help to maximize more profit as additional income.

She graduated from group lending to the individual loan, and hopes to pay within the stipulated dates. She 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
  • 16
    View loans »
    Sierra Leone Loans Fundraising
  • $9,015,550
    Funds lent in using Kiva
  • 4,339.9
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Marie to buy more food items to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2014
Listed
Jun 16, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 10, 2015