Funded

Total loan: $950
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Salamatu

Sierra Leone
Makeni, Sierra Leone / Food Production/Sales

A loan of $950 helped to buy flour and rice.


Salamatu's story

This is 36-year-old Salamatu. She is married with four children aged 11, 9, 7 and 6 years. She has one additional dependent, who lives with her because he attends school in the city with her financial assistance. In 1995, Salamatu established her business. She began her business because she was not fortunate enough to have a formal education. She had to join her aunt in trading from place to place. Working seven days a week and 11 hours a day, she earns about Le 600,000 every month from. She would like a loan in the amount of Le 4,000,000. Salamatu has already received and successfully repaid her first loan, and now requires a new loan in order to buy flour (6 bags @ Le 150,000) and rice (20 bags @ Le 156,000). In the future, Salamatu plans to open another outlet. The loan will help as it will increase her working capital. Competition is great but she always has a variety and high quality of goods. Salamatu is hardworking. She appreciates ARD's effort as it has helped her a lot over the past months as she has purchased new goods for her store. Salamatu is looking forward to using more loans. She thanks you for your support.



Loan details

Loan length:

8 months
Disbursed date: March 21, 2012
Facilitated by Field Partner: Association for Rural Development (ARD)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 21, 2012
Facilitated by Field Partner: Association for Rural Development (ARD)