Salaam Somali Bank presents free microfinance to native Baidoa retailers
BAIDOA, Somalia – As a part of the annual Qardu Hassan program to assist small companies, the Salaam Somali Bank (SSB) on Sunday supplied free microfinance to small companies in Baidoa metropolis.
The financial institution’s fundamental department within the strategic city, about 250 km southwest of Mogadishu, handed over funds to small enterprise house owners who had the chance to get pleasure from it.
According to the financial institution assertion, the Qardu Hassan program which was launched final yr is meant to stimulate native merchants in an try to domesticate and revive the nascent economic system.
Some of the grantees who spoke on the occasion mentioned they have been grateful to the Bank for the invaluable funding that can assist develop their companies sooner and make lengthy desires come true.
During eleven years of service, Salaam Somali Bank has obtained reward for its dedication to enhancing the lives of Somalis via the empowerment of small companies.
The personal financial institution carried out this system in Mogadishu and different areas, promising to increase the microfinance fund to all of its workplaces within the Horn of Africa nation.