Sigismond is 26 years old and is married with one child, aged one. He runs a distributor store for a brewery and for soft drinks in Aberdeen, the western part of Freetown.
Sigismond has owned this business for five years and sells soft drinks, wine and beer at his store. He also receives income from his elder brother who lives overseas. He says that the main challenge to his business is during the rainy season, when sales are much slower compared to the dry season.
He requested this loan through BRAC Sierra Leone to purchase more soft drinks, beer, Heineken and clean water. Sigismond says that the extra income from this loan will help him improve his standard of living and increase his capital. In the future, he would like to expand his business.
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.