Salaam Somali Financial institution offers free microfinance
Salaam Somali Bank provides free microfinance to traders in Mogadishu
MOGADISHU, Somalia – Salaam Somali Bank branch in Madino, Mogadishu provided free microfinance to small business owners on Thursday as part of the 2021 offer.
Qardu Hasan is part of Salaam Somali Bank’s annual free microfinance fund with the aim of developing and effectively improving small businesses across the country in Africa.
The small retailers said they are happy with the support and thanked the bank for the offer designed to encourage new entrepreneurs.
Salaam Somali Bank said Qardu Hasan aims to encourage and expand small businesses and expand them to all regions of Somalia.
Former recipients say they are now developing a thriving business after receiving Qardu Hasan from Salaam Somali Bank.