Mohamed is 43 years old, married, and has two children ages two and three. He runs a hotel and restaurant in Kissy near Freetown. He has one employee working with him. He also takes care of two relatives as well as his immediate family.
Mohamed has been in this business for 21 years and sells food, drinks, and hosts his customers at his hotel and restaurant. He also earns income from renting out a house. He says that the main challenges to his business are the supply of electrical power and inflation.
He requested this loan through BRAC Sierra Leone to purchase more drinks, a fan, and a freezer. Mohamed says that the extra income from this loan will help him build more structures and expand his business. In the future, he would like to expand into more branches of hotels and restaurants.
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.