A leading Somali bank contributes to growth of economy

[Deeq A.]

Salaam Somali Bank (SSB) continues to provides free microfinance to small businesses in the country as part of a grant program aimed at improving the fledgling economy.

On Thursday, the Bank’s branch in the KM5 in Mogadishu has provided free microfinance to the local traders, including women to help improve their small and evolving businesses.

Speaking at the event, one of the beneficiaries of Salaam Somali bank’s free microfinance in the town has greatly thanked the Bank for the free microfinance support it provided him that makes sense.

In its vital service, Salaam Somali Bank has gained praise for its commitment to improving Somali people’s lives through investment and a free microfinance fund created to assist local traders.

The bank says the free microfinance to the local traders is part of its annual free microfinance fund to develop and improve small businesses in all regions of Somalia.

In addition, the bank based in Mogadishu also supports entrepreneurs by providing early stage and growth financing with active support for special youth and women entrepreneurs.

The fund aims to empower entrepreneurs with an inspiring vision to solve big problems and create commercial solutions in Somalia, a country that has been beset by decades of conflict and famine.

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