Funded

Total loan: $925
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Fatmata

Sierra Leone
Makeni, Sierra Leone / Food Market

A loan of $925 helped to pay for 25 bags of groundnuts for her business.


Fatmata's story

This is 39 year-old Fatmata. She is married, and has 3 children, aged 5, 9 and 12 years. She has one additional dependent, who lives with her because of schooling. In 1999, Fatmata established her groundnut business. She had been a backyard farmer and was able to access funds from her garden to begin trade in groundnuts. Working 7 days a week and 11 hours a day, she earns about Le 890,000 every month from this business.

She would like a loan in the amount of Le 4,000,000. Fatmata has already received and successfully repaid one loan, and now needs a new loan in order to buy 25 bags of groundnuts. She hopes that this loan will enable her to increase her monthly profits by approximately Le260,000. In the future, Fatmata plans to open another store to supply retailers and educate her children to the level they wish to attain. The rainy season and inflation are her business challenges. She gets her goods from Kamalo Village and inside Makeni city. She always travels twice a month by public vehicle to the village for her goods. She is very hardworking, honest and determined. She thanks you for your support.



Loan details

Loan length:

12 months
Disbursed date: August 17, 2011
Facilitated by Field Partner: Association for Rural Development (ARD)

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: August 17, 2011
Facilitated by Field Partner: Association for Rural Development (ARD)