Vitalis is 36 years old and married with one child, age 2. Vitalis runs a fishing equipment and spare parts business in Goderich, located in the Western Area of Sierra Leone. He has been in this business for 14 years and sells PE ropes, fishing nets, bearing rings, and connecting rods. He also earns income from his two shops in Lungi and Tombo. He says that the main challenge to his business is lacking enough capital to invest more into his shop.
He requested this loan through BRAC Sierra Leone to purchase more fishing nets, connecting rods, and PE ropes. Vitalis says that the extra income from this loan will help improve his family’s welfare. In the future, he would like to improve his shop and open additional branches.
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.