Funded

Total loan: $700
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Frederick

Sierra Leone
Bo, Sierra Leone / Mobile Phones

A loan of $700 helped to pay for phone batteries, chargers, head phones and CD plates.


Frederick's story

This is 27-year-old Frederick. He is single and has one child, age three. He has one additional dependent who lives with him to help a brother with his schooling. In 2008, Frederick established his business of selling mobile phone accessories. At first he started the business with CD recording, and now he sells mobile phone accessories, charging, recording and selling recharge cards. He began his business because he wants to be self-reliant after dropping out of school. His business is located in the city center and his main customers are all sexes.

Working 7 days a week and 12 hours a day, he earns about 922,500 Sierra Leone Leones every month from this business. He would like a loan in the amount of Le 3,000,000 in order to pay for additional phone batteries, chargers, head phones and CD plates. He hopes that this loan can increase his stock and improve the shop.

In the future, Frederick plans to expand the size of the shop and buy more stock. He hopes to be able to construct his own house from the proceeds of the loan. He thanks you for your support.



Loan details

Loan length:

10 months
Disbursed date: September 6, 2013
Facilitated by Field Partner: Association for Rural Development (ARD)

Lenders and lending teams




Loan details

Loan length:

10 months
Disbursed date: September 6, 2013
Facilitated by Field Partner: Association for Rural Development (ARD)