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Update on Saidu

This is 42-year-old Saidu. He is married with two children, who are 14 and 9 years old.

In 1994, Saidu established his business selling various goods and foods, including pure water, biscuits, lunch meat, sardines, and milk. He started his business because he was trained as a businessman. Working seven days per week and 14 hours per day, he is able to earn approximately 1,000,000 SLL every month.

He is now seeking a loan in the amount of 3,000,000 SLL. Saidu would like this loan in order to purchase more inventory for re-sale and would use any remaining money on transportation needs. In the future, Saidu would like to expand his business and to ensure that his children are educated. He thanks you for your support.

Previous Loan Details

This is 41-year-old Saidu. He is married with two children aged 13 and 8. In 1994, Saidu established his business selling pure water, biscuits, luncheon meat, sardines, milk etc.. He started his business because he was trained as a businessman. Working seven days a week and 14 hours a day, he ear... More from Saidu'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
  • 47
    View loans »
    Sierra Leone Loans Fundraising
  • $10,068,575
    Funds lent in using Kiva
  • 4,329.9
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Saidu to purchase additional inventory (e.g., water, biscuits, lunch meat, sardines, and milk) for his business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Sep 6, 2013
Sep 25, 2013
Currency Exchange Loss:
Jul 17, 2014
This photo was used before for a previous loan for Saidu. It was first posted on Kiva on Oct, 2012. Learn More