Small Businesses Somalia get Free Microfinance Fund to grow

Image

Salaam Somali Bank (SSB) has provided free microfinance to small business in the country’s capital as part of the annual grand fun program meant to boost cultivating and rival of the economy.

On Sunday, the Bank’s branch in Madina has offered free microfinance to the resident traders, including women with the aim to help expand their budding businesses, per the management.

Speaking at the occasion, the beneficiaries of Salaam Somali bank’s free microfinance said they are grateful to the Bank for the valuable funding that will assist make their business dreams to true.

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.

Moreover, the private bank which is 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 plagued by decades of conflict and famine.

Related Articles

Liverpool rappers in Somalia during clan conflict

British citizens Abdifatah Gulaid, 31, and Noah Ihiekwe, 30, travelled to the north-east of the African country earlier this year.

  • Somalia

    20-12-2025

  • 12:14PM

Somalia and Ethiopia Leaders Discuss Trade, Security, and Regional Stability

Prime Minister Abiy described the talks on his official Facebook page as “productive discussions, continuing the bilateral engagements.

  • Somalia

    20-12-2025

  • 09:29AM