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This is 55-year-old Memunatu. She is married, and has six children aged 12, 15, 20, 25, 20 and 36 years. Three are school-going children. In 1997, Memunatu established her groundnuts business. She began her business because her uncle's wife discouraged support of her schooling and instead persuaded Memunatu to join her in business. She had no alternative but to agree with her uncle's wife plans as her poor parents couldn’t provide enough to take care of her and her younger ones. She put her effort and concentration on everything her uncle's wife taught her, knowledge on which she is living now. Working seven days a week and eleven hours a day, she earns about Le 865,000 every month from this business.

She would like a loan in the amount of Le 4,000,000. Memunatu has already received and successfully repaid three loans, and now requires a new loan in order to purchase groundnuts (10 bags at Le 400,000). Competition is great but having more stock will enable her gain market share.

In the future, Memunatu plans to educate her school-going children to a higher level and to save enough money for her retirement. She is hardworking and committed to her business. She has benefited a lot from prior loans she has taken from this credit service, and she is looking forward to subsequent loans. She 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
  • 44
    View loans »
    Sierra Leone Loans Fundraising
  • $9,978,950
    Funds lent in using Kiva
  • 4,354.3
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Memunatu to purchase groundnuts for sale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Sep 19, 2012
Oct 12, 2012
Currency Exchange Loss:
Aug 17, 2013