Somalia: Salaam Somalia Bank Provides Free Microfinance to Small Business in Balad Hawo

Salaam Somali Bank (SSB) continues to provides free microfinance to small businesses in the country as part of a grant program aimed at improving the fledgling economy.

On Monday, the Bank's branch in the border town of Balad Hawo in the Gedo region has provided free microfinance to the local traders, including women to help improve their small and evolving businesses.

Speaking at the event, one of the beneficiaries of Salaam Somali bank's free microfinance in the town has greatly thanked the Bank for the free microfinance support it provided him that makes sense.

For eleven years in service, Salaam Somali Bank has gained praise for its commitment of improving Somali people's lives through investment and free microfinance fund created to assist local traders.

In addition, the bank based in Mogadishu also supports entrepreneurs by providing early stage and growth financing with active support for specially youth and women entrepreneurs.

The fund aims to empower entrepreneurs with inspiring vision to solve big problems and create commercial solutions in Somalia, a country that has been beset by decades of conflict and famine.

More From: Shabelle

Don't Miss

AllAfrica publishes around 800 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.