Funded

Total loan: $1,050
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Abu

Sierra Leone
Makeni, Sierra Leone / Used Clothing

A loan of $1,050 helped to buy used clothing for his business.


Abu's story

This is 51-year-old Abu. He is married, and has 5 children aged 4, 6, 8, 10 and 15 years. All are school going children. In 1983, Abu established his assorted used clothing (Asian dresses, brassieres, pants etc.) business. He began his business because he didn't attend school; he was only introduced to farming. When he became mature, he farmed on his own and the proceeds he got were used to trade in a used clothing business. Working 7 days a week and 11 hours a day, he earns about Le 2,216,000 every month from this business. He would like a loan in the amount of Le 4,500,000. Abu has already received and successfully repaid 2 loans, and now requires a new loan in order to buy 5 bales of Asian dresses @ Le 900,000. In the future, Abu plans to build a house, send his children abroad and provide a quality education for them, and acquire a shop. This loan will help him to accomplish some of his future plans. Some bales sometimes may contain spoiled clothing. He is a hardworking businessman. He thanks you for your support.



Loan details

Loan length:

12 months
Disbursed date: October 3, 2012
Facilitated by Field Partner: Association for Rural Development (ARD)

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: October 3, 2012
Facilitated by Field Partner: Association for Rural Development (ARD)