Salaam Somali Bank

Salaam Somali Bank to disburse $4m to Somalia’s best young entrepreneurs

Salaam Somali Bank has set aside US$4 million for Somali entrepreneurs to be distributed over two years beginning next year in an effort to jumpstart economic growth. Salaam Somali Bank, Somalia’s first privately-owned bank, was established in 2009 and now has more than 20 branches throughout the country. Through specialized, zero-interest micro-loans, the Salaam Entrepreneurs…