Funded

Total loan: $1,175
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Mohamed

Sierra Leone
Makeni, Sierra Leone / Electronics Sales

A loan of $1,175 helped to purchase merchandise for his electronics business.


Mohamed's story

This is 28-year-old Mohamed. He is married and his spouse is a trader whose income is 200,000 SLL every month. He has one child, aged 4 months.

In 2006, Mohamed inherited his electronics business. He began his business because he lost his father when he was in form III/grade 10. His elder brother asked him to assist him doing business. After a year, his elder brother died and he took over the business.

Working seven days a week and 10 hours a day, he earns about 1,368,000 SLL every month from this business.

He would like a loan in the amount of 5,000,000 SLL. Mohamed has already received and successfully repaid 3 loans, and now he requires a new loan in order to purchase the following: tapes recorder, flash drives, radios and batteries. He hopes that this loan will enable him to increase his monthly profits by approximately 250,000 SLL.

In the future, Mohamed plans to build a house and educate his child. His feeling about taking this loan is that he can get more income and business will grow. This loan will help him to achieve his future plans. He serves 15 customers each day. His business is popular because of his good customer care. He is hard-working and trustworthy. He thanks you for your support.



Loan details

Loan length:

12 months
Disbursed date: January 18, 2013
Facilitated by Field Partner: Association for Rural Development (ARD)

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: January 18, 2013
Facilitated by Field Partner: Association for Rural Development (ARD)