Mustapha is a 38-year-old married man living in eastern, Sierra Leone, near the town of Waterloo. He has 3 children, ranging in age from 8 years to 18 years old. All of them currently attend school.
Mustapha has been running his business for over 20 years now, and sells pepper, palm oil, ground nuts and beans. His primary income comes from the sale of palm oil, while he also sells local chickens on occasion. He says that lately the main challenge to his business is transportation costs. Mustapha has a successful history with BRAC, having repaid one loan. He has requested this loan to buy more bags of rice, palm oil and ground nuts. He says that the extra income from this loan will help him improve his financial conditions. Mustapha has plans for expansion in the next 5-10 years, and his main goal is to buy a commercial vehicle. He says this will enable him to expand more.
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.