Funded

Total loan: $1,150
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Eddie

Sierra Leone
Bo, Sierra Leone / Clothing Sales

A loan of $1,150 helped to increase his stock of goods for sale.


Eddie's story

This is forty-six-year-old Eddie. He is married and has four children, aged seven, fifteen, eighteen and twenty-two. He has two additional dependents, who live with him to help with the housekeeping chores.

In 1995, Eddie established his business, where he sells t-shirts, button-down shirts, school bags, perfumes and umbrellas. He began his business because he wanted to be self-reliant, after coming from the mines. His business is located in the city center, and his main customers are adults. Working 7 days a week and 12 hours a day, he earns about Le 2,774,075 every month from this business.

He would like a loan in the amount of Le 5,000,000. Eddie has already received and successfully repaid five loans, and now he requires a new loan in order to buy additional goods to sell, including school bags, exercise books, school shoes, socks and belts. He hopes that this loan will increase his profit, by increasing the stock at his store.

In the future, Eddie plans to open another shop for his brother to manage. His brother has just come from the village. In addition, Eddie hopes to be able to raise enough profit to complete the house he is constructing. He thanks you for your support.



Loan details

Loan length:

8 months
Disbursed date: August 16, 2013
Facilitated by Field Partner: Association for Rural Development (ARD)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: August 16, 2013
Facilitated by Field Partner: Association for Rural Development (ARD)