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Update on Kaffo

This is 64-year-old Kaffo. He is married and has six children who are 38, 31, 27, 25, 22 and 20 years old. He has two additional dependents who live with him as his sales assistants. In 1970, Kafo established his used clothing business. He began his business just to generate funds to settle his domestic bills. His business is located at the city centre and his main customers are all classes of customers. Working 7 days a week and 10 hours a day, he earns about Le 500,000 every month from this business. He would like a loan of Le 3,000,000. Kaffo has already received and successfully repaid two loans and now requires a new loan in order to buy bundles of used clothing for Le 3,000,000. He hopes that this loan will increase his stock level and his profit. In the future, Kaffo plans to complete the construction of his house and to educate his children. He thanks you for your support.

Previous Loan Details

This is 63-year-old Kafo. He is married and has 6 children ages 37, 30, 24, 21, and 21. He has 2 additional dependents who live with him as his sales assistants. In 1970, Kafo established his commercial business. He began his business just for self-empowerment. His business is located at the c... More from Kaffo'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
  • 34
    View loans »
    Sierra Leone Loans Fundraising
  • $9,980,225
    Funds lent in using Kiva
  • 4,347.3
    Sierra Leone Leones (SLL) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Kaffo to buy used clothes to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Dec 6, 2013
Dec 24, 2013
Currency Exchange Loss:
Mar 10, 2015
This photo was used before for a previous loan for Kaffo. It was first posted on Kiva on Apr, 2013. Learn More