Fatmata is 40 years old and married with three children, between 6 and 25 years of age. She runs an electronics appliance store in Fullahtown in the central part of Freetown. She has two employees working with her. She also takes care of three relatives as well as her immediate ones.
Fatmata has been in this business for three years and sells televisions and DVD sets at her store. She also earns income from a taxi business. She says that the main challenges to her businesses are insufficient capital and variation in price.
She requested this loan through BRAC Sierra Leone to purchase more electronic appliances. Fatmata says that the extra income from this loan will help her educate her children. In the future, she would like to expand her business and import more appliances.
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.