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This is 29-year-old Lamin. He is married to a businesswoman and has three children aged 7, 5 and 1 year old. One of his children is a school-going child. In 1999, Lamin established his jeans, polo, shirts, lacoste and trousers etc. business. He began his business because he did not go to school but rather joined his father in farming. After he fully matured, he left farming in the village for the city. In the city, he helped to sell for somebody on commission where he accumulated some funds, which he used to start his own business. Working 7 days a week and 10 hours a day, he earns about Le 1,437,100 every month from this business.

He would like a loan for Le 4,000,000. Lamin has already received and successfully repaid three loans and now requires a new loan in order to purchase used clothing. He wants to purchase the following items: T-shirts 2 bales @ Le 580,000, Lacoste 2 bales @ Le 650,000 and trousers 2 bales @ Le 700,000. He will use the balance of the loan to pay for transport. He hopes that this loan will enable him to increase his monthly profits by approximately Le 287,420.

In the future, Lamin plans to provide a quality education for his children, build a house and have a shop. He felt good about taking this loan and the loan will help him to improve his business and his family's standard of living. His major challenge is that sometimes the bales he buys contain spoiled/damaged clothing. He serves 15 customers each day. His business is popular because he sells quality used clothing. Lamin does not have any employees. His suppliers are located in Conakry and he transports his good by public transport. He buys three times in a month. He plows back the profit into the business. He is planning to expand and this will accomplish by acquiring more loans. He thanks you for your support.

Additional Information

About the Association for Rural Development

The Association for Rural Development (ARD) is one of the leading microfinance institutions in Sierra Leone. Established in 1989, ARD has offered individual and group loans to support small-scale businesses across the country for two decades. You can learn more about ARD on its partner profile page, support the organization and its staff by joining the ARD lending team, or lend to another one of its borrowers currently raising funds on Kiva.

About Sierra Leone

  • $2,100
    Average annual income
  • 42
    View loans »
    Sierra Leone Loans Fundraising
  • $10,094,200
    Funds lent in using Kiva
  • 4,300.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Lamin to purchase used clothing to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Dec 15, 2011
Jan 2, 2012
Currency Exchange Loss:
Jul 16, 2012