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Paul B
This is 35-year-old Paul who is married and has three children, ages 17,14, and 4. In 2011, Paul established his Internet café business. He began his business because his wife saw the need for such a service in their area. Also, she is computer literate. Working six days a week and 12 hours a day, he earns about SLL 600,000 every month from this business. He would like a loan in the amount of SLL 5,000,000. Paul requires a loan to buy a photocopier for his café. He hopes that this loan will enable him to increase his monthly profit margin. In the future, Paul plans to improve his business and his family status. Presently, he lacks equipment like a photocopier and generator to run the business. He thanks you in advance for your generosity.

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

  • $2,100
    Average annual income
  • 26
    View loans »
    Sierra Leone Loans Fundraising
  • $9,245,175
    Funds lent in using Kiva
  • 4,366.8
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Paul B to buy a photocopier for his café.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2014
Listed
Jul 23, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2015