Funded

Total loan: $1,175
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Mohamed

Sierra Leone
Makeni, Sierra Leone / Construction Supplies

A loan of $1,175 helped to buy paint brushes, hand tissue, padlocks, plane, nails, extension cables, solvents, lamp holders, electric bulb and hammers.


Mohamed's story

This is 34-year-old Mohamed M. He is married and has 3 children ages 5, 4 and 2 years old; two are in school. He has 3 additional dependents, who live with him to be fostered and to help in the business.

In 2001, Mohamed M. established his nails, hammers, levels, spanners, lamp holders, bulbs, painting brush, extensions etc. business. He began his business because he stopped in school in Grade 4 for lack of support for his education. He used to assist his mother in her business and when he dropped out of school his mother gave him some amount of money to start a building materials business. Working 7 days a week and 11 hours a day, he earns about 2,000,000 SLL every month from this business.

He would like a loan in the amount of 5,000,000 SLL. Mohamed M. requires a loan in order to buy paint brushes, hand tissue, padlocks, plane, nails, extension cables, solvents, lamp holders, electric bulb and hammers. Mohamed has succeeded in buying some land, he is planning to educate his children and younger ones; he was unable to open a shop because of the high rental cost of shops. This loan will help to improve the business and generate more income. Inadequate capital is his major challenge. He is a hardworking and trustworthy business man. He thanks you for your support.



Loan details

Loan length:

8 months
Disbursed date: February 14, 2014
Facilitated by Field Partner: Association for Rural Development (ARD)

Lenders and lending teams




Loan details

Loan length:

8 months
Disbursed date: February 14, 2014
Facilitated by Field Partner: Association for Rural Development (ARD)