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Update on Binta

This is 51-year-old Binta. She is a widow and has three children, ages 12, 20, and 22. She has one additional dependent who lives with her to help with the household chores.

In 1994, Binta established her business selling provisions and beverages. She began her business because she wanted to be self-reliant after losing her husband. Her business is located in the outskirts and her main customers are adults. Working 7 days a week and 12 hours a day, she earns about 2,000,000 SLL every month from this business.

She would like a loan in the amount of 5,000,000 SLL. Binta has already received and successfully repaid six loans. She now requires a new loan in order to buy additional drinks. She hopes that this loan can improve her inventory and increase her profits. In the future, Binta plans to expand the business to wholesale. She thanks you for your support.

Previous Loan Details

This is 51-year-old Binta. She is a widow and has three children, aged 22, 19 and 11. She has one additional dependent who lives with her because he is her relative. In 1994, Binta established her foodstuff, beverages and drinks business. She began her business by selling drinks to passenger... More from Binta'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
  • $10,068,550
    Funds lent in using Kiva
  • 4,349.9
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Binta to buy drinks for her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Dec 6, 2013
Dec 13, 2013
Currency Exchange Loss:
Aug 17, 2014