Ibrahim is 35 years old and married with two children, ages 6 years and 12 years. He runs a retail shop in Lumley in the western area of Freetown, Sierra Leone. His children are currently attending school. He also takes care of three relatives.
Ibrahim has been in this business for eight years and sells milk, cocoa, bags of rice, soap, batteries and padlocks at his shop. He also earns income from renting out a house. He says that the main challenge to his business is price fluctuation.
He requested this loan through BRAC Sierra Leone to purchase more bags of rice. Ibrahim says that the extra income from this loan will help him educate his children. In the future, he would like to import goods from abroad.
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.