Funded

Total loan: $1,125
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Daniel

Sierra Leone
Bo, Sierra Leone / Home Products Sales

A loan of $1,125 helped to pay for cooking utensils.


Daniel's story

This is 46-year-old Daniel. He is married and has 2 children aged 5 and 2. He has 2 additional dependents who live with him because they are his relatives from the village. In 1998, Daniel established his cooking utensils business. He began his business because he needed a permanent source of income to support his family. He discovered that cooking utensils were a big business opportunity in his community.

Working 7 days a week and 12 hours a day, he earns about Le 1,300,000 every month. He would like a loan of Le 5,000,000. Daniel has already received and successfully repaid 2 loans and now requires a new loan to buy more cooking utensils for his business. He hopes that this loan will enable him to increase his monthly profits by approximately Le 250,000. In the future, Daniel plans to acquire a permanent shop and open his business in other locations and to educate his children to university level. He thanks you for your support.



Loan details

Loan length:

8 months
Disbursed date: September 14, 2011
Facilitated by Field Partner: Association for Rural Development (ARD)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: September 14, 2011
Facilitated by Field Partner: Association for Rural Development (ARD)