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

Pirates hijack cargo ship off Somalia, vessel heads toward coast

Officials in Puntland, the semi-autonomous Somali region where the vessel was headed, did not immediately comment.

  • Somalia

    27-04-2026

  • 11:12AM

Somalia: Government deploys Turkish-trained elite forces to Gedo region

Military analysts suggest the increased footprint in Luuq is intended to secure strategic corridors in the border region.

  • Somalia

    26-04-2026

  • 12:24PM