Ali is 40 years old and is married with 2 children aged 15 and 12. He runs a building material store in Kissy, a neighborhood in Freetown.
Ali has been in this business for 10 years and sells paints, cement, nails and brushes at his store. He also earns income from another business (taxi transport). He says that the main challenge to his business is inflation.
He requested this loan through BRAC Sierra Leone to purchase more cement, saws, binding wire, metal pans and nails. Ali says that the extra income from this loan will help him improve his standard of living. In the future, he would like to build big shops and make his business well-established.
About BRAC Sierra Leone
This loan is administered by BRAC Sierra Leone. BRAC, the world’s largest NGO, takes a multi-dimensional approach to attacking poverty through offering a comprehensive range of programs in the realms of microfinance, capacity building, livelihood development, health, education, and social justice.
BRAC Sierra Leone plays a large role in providing economic empowerment to communities that lack access to the financial mainstream. BRAC Sierra Leone offers small enterprise loans to men and women who desire to expand their small businesses, generate employment opportunities, and provide new services. More information can be found on BRAC Sierra Leone’s Kiva Field Partner Page.