Amadu is 41 years old and married with three children, aged between 4 years and 15 years. He runs a general merchandise store in Goderich, in the western area in Freetown, Sierra Leone. He has two children that are currently attending school and also takes care of four relatives at home.
Amadu has been in this business for 15 years and sells batteries, sugar, milk, butter, cigarettes, mayonnaise and soap at his store. His wife is a petty trader (she sells small goods in the market), and she also contributes to the household income. He says that the main challenge to his business is lack of sufficient capital to invest in his store.
He requested this loan through BRAC Sierra Leone to purchase more general merchandise. Amadu says that the extra income from this loan will help him educate his children. In the future, he would like to open more outlets in the community.
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.