Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Association for Rural Development (ARD) operates in Sierra Leone, one of the countries in West Africa currently experiencing an Ebola outbreakThis epidemic is the largest in history, claiming thousands of lives and having a deep impact on the national economy. ARD 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

Partner Description


Association for Rural Development (ARD) is one of the leading Micro Finance Institutions in Sierra Leone. ARD, a registered NGO, was established in 1986 and started operations in 1989.

The Association works on a range of programmes related to meeting the needs of entrepreneurs through the creation, implementation, monitoring and evaluation of small scale projects. Over the years ARD has been providing professional and committed services to helping the poor, disadvantaged and marginalized groups taking responsibility for their own development. The organization has metamorphosed in the last decade to a Financial Service Provider, specialising in microfinance and providing loans for small scale businesses. It mainly gives loans to economically active women, who do not usually have access to formal banking systems. ARD primarily engages in group lending whereby (5- 10) persons each co-guarantee the other. Loan are between $100 and $1,600. To date, the organization has more than 15,000 active clients - over 70% of whom are women and has disbursed more than $1.9 million in loans.

Through its numerous loan products and participatory methodologies, ARD has been able to provide direct financial services mainly through the provision of credits/loans. This has increased women’s access to credit and cash and has enabled them to improve upon their productive capabilities in their various enterprises. To guarantee the sustainability of these efforts, ARD improves the management skills of their clients through business advisory services and technical support. Literacy, HIV/AID sensitization and condom social marketing are allied activities patronized by the loan recipients.

ARD has offices in Freetown, Bo, Makeni and Kenema.


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Sep 30, 2009 Oct 12, 2005
Total Loans $2,713,575 $606,062,375
Amount of raised Inactive loans $0 $550,525
Number of raised Inactive loans 0 446
Amount of Paying Back Loans $506,500 $120,732,000
Number of Paying Back Loans 517 130,204
Amount of Ended Loans $2,207,075 $484,779,850
Number of Ended Loans 2,363 612,886
Delinquency Rate 9.78% 4.03%
Amount in Arrears $29,735 $3,183,786
Outstanding Portfolio $304,089 $78,958,718
Number of loanDelinquent 147 13,773
Default Rate 4.96% 1.11%
Amount of Ended Loans Defaulted $109,527 $5,357,098
Amount of Ended Loans $2,207,075 $484,779,850
Number of Ended Loans Defaulted 373 16,819
Currency Exchange Loss Rate 0.00% 0.09%
Amount of Currency Exchange Loss $0 $572,888
Refund Rate 1.32% 0.75%
Amount of Refunded Loans $35,950 $4,553,925
Number of Refunded Loans 38 5,085

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 60.81% 74.22%
Average Loan Size $942 $419
Average Individual Loan Size $942 $656
Average Group Loan Size $700 $1,831
Average number of borrowers per group 2 8
Average GDP per capita (PPP) in local country $903 $3,423
Average Loan Size / GDP per capita (PPP) 104.31% 12.23%
Average Time to Fund a Loan 8.84 days 5.71 days
Average Dollars Raised Per Day Per Loan $106.57 $73.40
  Average Loan Term 8.23 months 10.41 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 534 302,284
  Journaling Rate 20.00% 42.37%
  Average Number of Comments Per Journal 0.00 0.08
  Average Number of Recommendations Per Journal 0.16 1.83

Borrowing Cost Comparison (based on 2012 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 42% PY 47.00% PY 33.29% PY
  Profitability (return on assets) 3.2% -9.5% -1.37%
  Average Loan Size (% of per capita income) 35.84% 28.00% 38.28%

Country Fast Facts

Field Partner Staff

Esther Allie
Isatu Bangura
Christian Charles
Samuel Davies
Alpha Deen
Alie Forna
Rebecca Gborie
Augusta Kalokoh
David Kamara
Kadiatu Kamara
michael kamara
Prince Kandoh
Mabinty Mansaray
Matta Mansaray
Elizabeth Mathews
Stephanie Meyer
Jaka Jusu Ngobeh
Joseph Sesay