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This is 34 year-old Abu. He is married and his spouse is purely a housewife. They have 3 children ages 10, 7 years and 2 months.Two of their children go to school. Abu has one additional dependent who lives with him to assist in his business.

In 2001, Abu established his business selling A4 paper, ledger books, paper files, plastic files, markers, flip charts, chalk, staplers, and paper punches. Working 7 days week and 9 hours a day, he earns about 2,330,000 Sierra Leone leones (SLL) every month from this business.

Abu would like a loan in the amount of 4,000,000 SLL. Abu requires a loan in order to purchase the following items: A4 papers - 20 cartons @ 87,000 SLL; chalk - 6 cartons @ 160,000 SLL; staplers - 4 cartons @ 150,000 SLL; and markers - 50 dozens @ 14,000 SLL.

He hopes that this loan will enable him to increase his monthly profits by approximately 350,000 SLL. In the future, Abu plans to educate his children to university level, build a house, and expand his business in different areas. He feels good about taking the loan because all business people need loans and this loan will help him to improve the business.

Abu's major problem is frequent increase in rent. Competition is high but he is different from competitors because he does photocoping, laminating, and binding of documents. He serves 50 customers per day. His business is popular because the photocoping and the items he sells are in use by a majority of people. Abu is assisted by family members. His suppliers are located in Freetown. He transports his supplies by public vehicle and travels twice in a month to get his goods. He puts back his profit into the business, he plans to expand the business, which can be achieved by proper use of capital and profit. He is a hardworking and trustworthy businessman. 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
  • 46
    View loans »
    Sierra Leone Loans Fundraising
  • $10,094,200
    Funds lent in using Kiva
  • 4,325.0
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Abu to buy A4 papers - 20 cartons @ Le 87,000, chalk - 6 cartons @ Le 160,000, staplers - 4 cartons @ Le 150,000 and markers - 50 dozens @ Le 14,000.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 15, 2012
Apr 14, 2012
Currency Exchange Loss:
Sep 15, 2012