Funded

Total loan: $1,175
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Ibrahim S.

Sierra Leone
Makeni, Sierra Leone / Bicycle Sales

A loan of $1,175 helped to buy bicycles and pay for labor.


Ibrahim S.'s story

This is 46-year-old Ibrahim S. He is married and has five children who are 20, 18, 15, 11 and 6 years old. He has one additional dependent (an orphan)who lives with him. In 2007, Ibrahim S. established his used bicycles business. Working 7 day.a week and 11 hours a day, he earns about Le 1,900,000 every month from this business. He would like a loan in the amount of Le 5,000,000. Ibrahim S. has already received and successfully repaid one loan and now requires a new loan in order to buy bicycles. He needs (26 size) - 10 pieces @ Le295,000; mountain bicycles - (24 size) - 7 pieces @ Le270,000, BMX bicycles -(20 size) - 1 piece @ Le150,000. The balance of Le10,000 will be used to pay laborers. In the future, Ibrahim S. plans to build a house, buy a car, and provide quality education for his children.This loan will help him to accomplish his plans. His major challenge is competition. He is hard working and honest. He thanks you for your support.



Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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