Salaam Somalia Bank provides free microfinance to small business in Balad Hawo

Image
Image
Image
Image
Image

MOGADISHU, Somalia - Salaam Somali Bank (SSB) is continuing to provide free microfinance to small businesses in the country as part of a grant program aimed at improving the fledgling economy.

On Monday, the Bank’s branch in the border town of Balad Hawo in the Gedo region 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.

For eleven years in service, Salaam Somali Bank has gained praise for its commitment to improving Somali people's lives through investment and free microfinance fund created to assist local traders.

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.

GAROWE ONLINE

Related Articles

Somalia: Aden Madobe meets Ethiopian military officials amid rising tensions in South West State

Ethiopian troops have maintained a presence in parts of South West State as part of international security efforts in Somalia.

  • Somalia

    31-10-2026

  • 05:39AM

Uganda Begins Withdrawal of Troops From Somalia After Nearly 20 Years

AMISOM was replaced by the African Union Transition Mission in Somalia (ATMIS) in 2022, which was subsequently succeeded by AUSSOM in 2025.

  • Somalia

    30-10-2026

  • 02:16PM