Social Microfinance in Sierra Leone

by Entrepreneurs du Monde
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Social Microfinance in Sierra Leone
Social Microfinance in Sierra Leone
Social Microfinance in Sierra Leone
Social Microfinance in Sierra Leone
Social Microfinance in Sierra Leone
Social Microfinance in Sierra Leone
Social Microfinance in Sierra Leone
Social Microfinance in Sierra Leone
Social Microfinance in Sierra Leone

Project Report | Sep 27, 2023
News from Sierra Leone

By Nancy Miller | Operations Manager

Dear donors,


Today, I have good news for you: we opened our first branch in March in the city of Waterloo! This is our 5th branch and it will serve vulnerable populations, particularly in rural areas, in Kissy Town, Lover's Corner Bear-Bear, Lover's Corner Matainkay, Moraby Step, New London Mano Koya, and Small Country.

The arrival of our microcredit, savings and training services was eagerly awaited in Waterloo, and the first information meetings were well attended.

The team, trained and highly committed, consists of a branch manager, a deputy, an assistant and 4 field animators. It has done a tremendous amount of work and, 4 months after opening, is already supporting 1,176 micro-entrepreneurs!

FOCUS on the special loan for farmers

The loan is flexible in terms of amount and duration to suit the capital needs and repayment capacity of small farmers. It is designed for particularly vulnerable people who need a very small loan. The capital provided is used for all types of agricultural production (crops and livestock). It is accompanied by training in agro-ecology, mostly in the fields.

Nancy Miller
Operations Manager

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Organization Information

Entrepreneurs du Monde

Project Leader:
Axel Fraysse
Vaulx en Velin , France
$1,389 raised of $4,400 goal
 
6 donations
$3,011 to go
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