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

Status Update - March 10, 2015

Association for Rural Development operates in Sierra Leone, one of the countries in West Africa that was most affected by the Ebola outbreak. As a result, the association had to close some of their branches last year. They have now re-opened all of them and are slowly resuming operations, however they have witnessed high delinquency rates in affected areas. Association for Rural Development is still posting new loans on Kiva, and has been reporting repayments regularly so did not require a grace period from Kiva.

Status Update - October 23, 2014

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 $3,178,225 $719,633,750
Amount of raised Inactive loans $0 $521,675
Number of raised Inactive loans 0 351
Amount of Paying Back Loans $501,725 $132,195,475
Number of Paying Back Loans 445 151,712
Amount of Ended Loans $2,676,500 $586,916,600
Number of Ended Loans 2,838 727,730
Delinquency Rate 9.95% 7.41%
Amount in Arrears $28,143 $6,319,502
Outstanding Portfolio $282,961 $85,269,409
Number of Loans Delinquent 121 20,931
Default Rate 5.16% 1.14%
Amount of Ended Loans Defaulted $138,236 $6,699,908
Amount of Ended Loans $2,676,500 $586,916,600
Number of Ended Loans Defaulted 481 19,481
Currency Exchange Loss Rate 0.00% 0.27%
Amount of Currency Exchange Loss $0 $1,945,073
Refund Rate 1.23% 0.68%
Amount of Refunded Loans $39,025 $4,898,125
Number of Refunded Loans 41 5,415

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 62.67% 74.39%
Average Loan Size $874 $416
Average Individual Loan Size $961 $653
Average Group Loan Size $1,202 $1,848
Average number of borrowers per group 4.6 8
Average GDP per capita (PPP) in local country $2,100 $5,938
Average Loan Size / GDP per capita (PPP) 41.64% 7.01%
Average Time to Fund a Loan 9.04 days 6.36 days
Average Dollars Raised Per Day Per Loan $96.78 $65.43
  Average Loan Term 8.25 months 10.77 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 658 353,817
  Journaling Rate 20.94% 41.33%
  Average Number of Comments Per Journal 0.00 0.07
  Average Number of Recommendations Per Journal 0.13 1.57

Borrowing Cost Comparison (based on 2013 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 48% PY 47.00% PY 32.02% PY
  Profitability (return on assets) 6.6% -9.5% -1.84%
  Average Loan Size (% of per capita income) 35.84% 28.00% 19.57%

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