This is 40 year-old Mohamed. He is married and has one child who is 6 years old. He has one additional dependent who lives with him because he is in school.
In 2006, Mohamed established his mobile phone and accessories business. He began this business because he wanted to provide his basic needs after leaving school and it is his only source of livelihood. Working 7 days a week and 11 hours a day, he earns about 950,000 Sierra Leone leones (SLL) every month from this business.
Mohamed would like a loan in the amount of 3,000,000 SLL. He has already received and successfully repaid loans and now requires a new loan in order to buy Nokia phones, Nokia batteries, memory cards, and Motorola chargers for his business. He hopes that this loan will enable him to increase his monthly profits by approximately 300,000 SLL. In the future, Mohamed plans to establish a large mobile shop, to own a house, and to educate his child. He thanks you for your support.
About the Association or 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.