Alfred is 40 years old, married, and has three children, two of whom attend school. He also has two additional dependents at home. He is from Kulanda town Bo.
Alfred runs a jewelry and cosmetics shop, where he sells earrings, necklaces, bracelets, and different kinds of cream, which he has been doing for 10 years. He works at the business 12 hours per day, seven days per week. He is also an agriculturist, raising crops and selling them.
Alfred is requesting a loan, which he will use to buy more jewelry and cosmetics to sell. The extra income from this loan will allow him to buy a plot of land and increase his capital. In the future, he plans to become a wholesaler. Despite the challenge of slow purchasing power of customers and inadequate capital, he is a hardworking father who wants to educate his children.
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.