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Update on Fatmata

This is 27-year-old Fatmata. She is married and has 2 children, aged 7 and 4 years.

In 2005, Fatmata established a salon and cosmetics business after her husband encouraged her to engage in business for herself. Working 7 days a week and 10 hours a day, she earns about SLL 650,000 every month from this business.

Fatmata would like a loan in the amount of SLL 3,000,000. She requires this loan in order to buy more quantities of hair products.

In the future, Fatmata plans to expand her salon into a cosmetology school to train young girls. She also plans to support her children's education to a very good secondary school. She thanks you for your support.

Previous Loan Details

This is 26-year-old Fatmata. She is married and has 2 children, aged 6 and 3 years. In 2005, Fatmata established her salon and cosmetics business. It was her husband that encouraged her to engage in business for herself. Working 7 days a week and 10 hours a day, she earns about Le 600,000 ev... More from Fatmata's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Sierra Leone

  • $2,100
    Average annual income
  • 46
    View loans »
    Sierra Leone Loans Fundraising
  • $10,094,200
    Funds lent in using Kiva
  • 4,349.9
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Fatmata to buy hair products for her salon.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Dec 19, 2012
Dec 21, 2012
Currency Exchange Loss:
Aug 17, 2013
This photo was used before for a previous loan for Fatmata. It was first posted on Kiva on Apr, 2012. Learn More