Funded

Total loan: $1,025
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Mohamed

Sierra Leone
Makeni, Sierra Leone / Clothing Sales

A loan of $1,025 helped to purchase jeans for resale.


Mohamed's story

This is 42-year-old Mohamed. He is married and has six children age 21, 18, 15, 9, 6 and 2 years. Five are school-going children.

In 1991, Mohamed established his ready-made clothing business. He began his business by selling cola nuts and later changed to articles. Currently, he is selling clothes. Working seven days a week and 10 hours a day, he earns about 1,953,000 SLL every month from this business.

He would like a loan in the amount of 4,500,000 SLL. Mohamed has already received and successfully repaid one loan, and now he requires a new loan in order to purchase jeans: 15 dozen @ 300,000 SLL.

He hopes that this loan will enable him to increase his monthly profits by approximately 250,000 SLL.

In the future, Mohamed plans to open a shop; he also has plans to educate his children up to university. This loan will help him to generate more income. He is straightforward and hard-working business man. He thanks you for your support.



Loan details

Loan length:

12 months
Disbursed date: October 13, 2011
Facilitated by Field Partner: Association for Rural Development (ARD)

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: October 13, 2011
Facilitated by Field Partner: Association for Rural Development (ARD)