Salaam

Hormuud Salaam Foundation Offers Land for Resettling 10,000 Displaced Families in Somalia Geneva – In a gathering convened by the UN and Somalia's Ministry of Planning in Geneva, Abdullahi Osman, the CEO of Hormuud Salaam Foundation (HSF), unveiled a substantial initiative to combat the displacement crisis in Somalia. He disclosed that the foundation is donating land worth $7 million to resettle 10,000 families who have been uprooted due to conflict, environmental damage, and climate upheavals. This commitment aligns with…

Hormuud Salaam Foundation Joins Forces with SomaliREN and Tabaarak ICT to Boost Tech Skills for Somali Youth MOGADISHU, Somalia - On October 27, 2024, at Mogadishu’s Jazeera Hotel, Hormuud Salaam Foundation teamed up with SomaliREN and Tabaarak ICT Solutions to kick off the "Bile Initiative." This program focuses on final-year Computer Science scholars, giving them specialized training, guidance, and job prospects. With an ambition to bolster 150 students, this initiative dives deep into intensive courses…

Hormuud Salaam Foundation Unveils New Scholarship Winners for 2024 MOGADISHU, Somalia — The Hormuud Salaam Foundation is elated to introduce its 2024 scholarship champions. These esteemed awards are the fruits of a fierce competition created by a scheme dedicated to nurturing academic stars. Thirty brilliant minds have secured full scholarships, rising to the top of an extensive application process marked by fairness and thorough assessment. The fortunate recipients will enjoy full backing, including coverage for tuition,…

Salaam Somali Bank Provides Micro Credit to Small Businesses in Mogadishu MOGADISHU, Somalia - The Salaam Somali Bank, which is a leading private bank in Somalia, continues to contribute to the country's economic growth by providing free microfinance funds to develop small businesses. On Thursday August 19, 2021, the Bank's branch in the Bakaro market provided microfinance funds called “Qardu…

Salaam Somali Bank offers free microfinance to small businesses MOGADISHU, Somalia - The Salaam Somali Bank (SSB) provided free microfinance to small businesses in the country's capital as part of the annual Grand Pleasure program designed to boost culture and rival economy. On Monday July 5, the Bank's branch at Km-5 in Mogadishu offered free microfinance to resident traders, including women,…

Salaam Somali Bank offers free microfinance to small businesses in Mogadishu The Salaam Somali Bank on Saturday provided free microfinance to traders running small businesses in Mogadishu, an initiative to boost the economy. The show called "Qardul Hassan" brought smiles to small traders who have benefited from the non-profit investment that will help them grow and expand their business. A…

Salaam Somali Financial institution affords free microfinance for small companies Salaam Somali Financial institution on Saturday supplied free microfinance to merchants working small companies in Mogadishu, a transfer geared toward boosting the financial system. This system known as Qardul Hassan put a smile on the face of almost 100 retailers who've benefited from the non-profit…

Salaam Somali Bank's branch in Beledweyne, Hiran region on Tuesday provided free microfinance to small business owners as part of the second phase of the 2021 offer. Qardu Hassan aims to develop and encourage small businesses throughout Somalia, according to the bank's management, which is credited with being the first in the country to found in 2009. The new traders who were given the opportunity said they are grateful to Salaam Somali Bank for its timely support which has helped them expand their business in the face…

Salaam Somali Bank offers free microfinance to small businesses in Guri'el Salaam Somali Bank's branch in Guri'el in the central region of Galgadud on Monday provided entrepreneurs with free microfinance as part of the second phase of the investment program called "Qardu Hassan". The free microfinance fund is aimed at developing and encouraging small businesses throughout Somalia,…

Salaam Somali Bank has provided free microfinance to small businesses in the country's central city of Abudwak in the Galgadud region as part of the second phase Qardu Hassan, which aims to boost the economy. On Sunday, the bank's branch in the city offered free microfinance to small Somali traders, including women, with the aim of helping to expand their business amid the devastating Covid-19 pandemic. On the occasion, the recipients of Salaam Somali Bank's free microfinance said they were grateful to the bank for the…