Meet 34-year-old Lamin from Waterloo in the western rural area of Sierra Leone. He is married with two children between the ages of two and five years old. One of his children is currently attending school. In 2000, Lamin established his local foodstuff business within a busy market area. He began his business because he came from an extended family and he has no one to support him. He works at the business from 7:00 am until 8:30 pm, 7 days per week. He says that the main challenge to his business is insufficient capital to run his business.
Lamin requires a loan in order to buy beans, palm oil, pepper and groundnuts. He hopes that the extra income from this loan will allow him to increase his business and improve his standard of living. In the future, Lamin plans to build a business structure of his own. The woman feature in the video is the SEP loan officer from the Waterloo branch. He thanks you for your support.
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.