A loan of $1,400 helped to buy mountain bicycles and motocross bicycles..


Ibrahim S.'s story

Ibrahim S. is married and has five children, ages 6, 11, 15, 18 and 21, all school going children. He has one additional dependent, who lives with him because he is an orphan. In 2007, Ibrahim S. established his used bicycle business. He began his business because he lost his parents at a tender age and was unable to further his schooling. At the age of 18, he went to work in mining. He mined for some years and the money he got was used to establish a used shoe business. Working seven days a week and 11 hours a day, he earns about Le 3730000 every month from this business. He would like a loan in the amount of Le 6,000,000. Ibrahim S. has already received and successfully repaid two loans and now requires a new loan in order to buy mountain bicycles size 26 (12 pieces @ Le295,000) mountain bicycles size 24 (eight pieces @ Le270,000) and motocross bicycles (BMX) size 20 (two pieces @ Le150,000). In the future, Ibrahim S. plans to build a house, provide quality education for his children, acquire a shop and buy a car. This loan will help him to accomplish some of his future plans. His major challenge is inadequate capital. He is a hardworking and trustworthy business man. He thanks you for your support.



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