Fatmata is a 35-year-old married woman living in the western area in Freetown, Sierra Leone, near the town of Aberdeen. She has one child, aged 17 years old. The child is currently attending school.
Fatmata has been running her business for five years now and sells drinks, cream, provisions and bike spare parts. Her primary income source is from the business of commercial bike, while she also sells assorted drinks on occasion. She says that the main challenges to her business are inflation and transportation problems.
She has now requested this loan to through BRAC in order to buy more assorted drinks, provision and bikes spare parts. She says that the extra income from this loan will help her improve her standard of living.
Fatmata has plans for expansion in the next 5-10 years, and her main goal is to open branches of the same business. She says this will enable her to build a house.
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.