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This is 32 year-old Osman. He is married, and has 2 children, ages 7 and 6. He has no additional dependents.

In 1998, Osman established his mobile phone and accessories business. He began his business after the death of his father, who had been supporting him fully in his schooling. He tried to continue schooling, but was not easy. He was left with no other alternative but to enter into business with friends.

He started as a sales assistant, until he secured a small fund and established his own business. Working 6 days a week and 10 hours a day, he earns about Le 1,350,000 every month from this business. He would like a loan in the amount of Le 5,000,000.

Osman has already received and successfully repaid his first loan. He now requires a new loan in order to buy mobile phones worth Le 4,000,000. The balance of Le 1,000,000 will be used to buy mobile accessories. He hopes this loan will enable him to increase his monthly profits by approximately Le 850,000.

In the future, Osman plans to open a big shop so that he could be a supplier of mobile phones. 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
  • 32
    View loans »
    Sierra Leone Loans Fundraising
  • $9,980,225
    Funds lent in using Kiva
  • 4,349.5
    Sierra Leone Leones (SLL) = $1 USD
A loan of $1,150 helped Osman to buy mobile phones worth Le 4,000,000 with the balance of Le 1,000,000 to buy mobile accessories to resell.
Repayment Term
12 months (Additional Information)
Repayment Schedule
Sep 5, 2012
Oct 3, 2012
Currency Exchange Loss:
Nov 2, 2012