Funded

Total loan: $700
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Mohamed

Sierra Leone
Bo, Sierra Leone / Used Shoes

A loan of $700 helped to pay for used shoes.


Mohamed's story

This is 43-year-old Mohamed. He is married and has six children, aged 2, 5, 6, 12, 15 and 18 years. He has two additional dependents, who live with him because he is their relative.

In 1998, Mohamed established his used shoes business. He began his business because he wanted to be self-reliant. Working seven days a week and 10 hours a day, he earns about 1,600,000 Sierra Leone leone (Le) every month from this business. He would like a loan in the amount of Le 3,000,000.

Mohamed has already received and successfully repaid one loan, and now requires a new loan in order to buy shoes for his business. He hopes that this loan will enable him to increase his monthly profits by approximately Le 350,000. In the future, Mohamed plans to expand the business to another location. He hopes to see the business grow from a kiosk to a concrete shop. He thanks you for your support.



Loan details

Loan length:

10 months
Disbursed date: January 18, 2012
Facilitated by Field Partner: Association for Rural Development (ARD)

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: January 18, 2012
Facilitated by Field Partner: Association for Rural Development (ARD)