x

RSS Newsfeeds

See all RSS Newsfeeds

Global Regions

Africa ( XML Feed )

Sep 9, 2016 7:47 EST

Sierra Leone: Luma Group – A loan of $725 helps a member to pay for more bags of rice, gallons of palm oil and vegetable oil and cartons of iced fish.

iCrowdNewswire - Sep 9, 2016

Luma Group

Sierra Leone
 
Freetown Central, Sierra Leone /Food Production/Sales
 
Borrower image
 

Luma Group’s story

Aminata is a 47-year-old mother of four children, ages 35, 24, 16 and 8. She sells food (cooked food) as her business. She started the business to be independent and financially support her children. She currently has some family members who help in the business.

Aminata and her group members have requested a total loan of SLL 4,000,000. Of this amount, Aminata is to receive SLL 1,000,000, which she will use to buy more bags of rice, gallons of palm oil and vegetable oil and cartons of iced fish. The profits will help her to pay for food, buy learning materials, and water. Aminata hopes to continue doing more saving for her children’s education. She and the rest of her group members thank you for your support.

In this group: Aminata, Hawa, Kadie, Isatu
*not pictured 

This loan is special because:

It helps a borrower in Sierra Leone where Ebola has affected the economy. 

Newton Nthiga
Kiva staff 

More about this loan

This loan is to a borrower living in Sierra Leone, one of the countries in West Africa currently experiencing an Ebola outbreak. The epidemic is the largest in history, claiming thousands of lives and deeply affecting the national economy. This partner is continuing to operate throughout the outbreak, but accordingly these loans will have a higher risk associated with them. Learn more about the epidemic here

About Association for Rural Development (ARD):

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.

A loan of $725 helps a member to pay for more bags of rice, gallons of palm oil and vegetable oil and cartons of iced fish.

Contact Information:

Luma Group

View Related News >
support