{"id":9244,"date":"2021-11-22T10:38:31","date_gmt":"2021-11-22T10:38:31","guid":{"rendered":"https:\/\/sooha.org\/en\/?p=9244"},"modified":"2021-11-29T10:42:22","modified_gmt":"2021-11-29T10:42:22","slug":"ssb-continues-to-help-grow-small-businesses-in-somalia","status":"publish","type":"post","link":"https:\/\/sooha.org\/en\/2021\/11\/22\/ssb-continues-to-help-grow-small-businesses-in-somalia\/","title":{"rendered":"SSB continues to help grow small businesses in Somalia"},"content":{"rendered":"

MOGADISHU —<\/strong> Salaam Somali Bank which is a privately owned bank continues to contribute to Somalia\u2019s economic growth by providing free microfinance funds to develop small businesses.<\/p>\n

On Sunday, Nov 21, the Bank\u2019s HQs in the Bakaro market provided funds to the local traders in Mogadishu, who were in dire need of support that will help grow their mini commerce.<\/p>\n

The beneficiaries expressed gratitude to Salaam Somali Bank\u2019s management and staff, saying it\u2019s an Exemplary step to follow by other financial banks in the country.<\/p>\n

\u201cWe\u2019re very happy with the Micro-finance fund provided by the Salaam Somali bank,\u201d said one of the business owners who have today benefited from the Qardu Hassan program.
\nThis is part of the Bank\u2019s package aimed at improving the small businesses in all regions across Somalia to play a vital share in boosting the economy and alleviating poverty.
\nQardu Hassan was designed to be rolled out in all regional and urban banking centers in the country and is destined to raise and motivate the growing businesses.<\/p>\n

The bank has already provided such free microfinance to the small merchants at its main headquarters, including the Somali capital, and several towns in the south and central regions.<\/p>\n

The main purpose is to uplift the productivity of evolving businesses and encourage entrepreneurs in a bid to revive the economy in Somalia with high unemployment rates.<\/p>\n

Source: Radio Dalsan\u00a0 \u00a0 Origin: View original<\/span><\/a><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

MOGADISHU — Salaam Somali Bank which is a privately owned bank continues to contribute to Somalia\u2019s economic growth by providing free microfinance funds to develop small businesses. On Sunday, Nov 21, the Bank\u2019s HQs in the Bakaro market provided funds to the local traders in Mogadishu, who were in dire need of support that will …<\/p>\n","protected":false},"author":1,"featured_media":9245,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,1],"tags":[],"class_list":["post-9244","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-development","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t