New micro-credit project signed in Freetown

26.06.16

A new loan agreement was signed between Aurora and Grassroot Gender Empowerment Movement (GGEM) in Freetown on 2nd June 2016. The goal of this new agreement is to support individuals and SME´s and at the same time support development in Sierra Leone.

The loan amount is USD 100,000 and the agreement is for two years. GGEM will use this amount to give microcredit to individuals and SME´s in Sierra Leone. The focus of this project will be to support the fishing communities in Goderich, Tombo and Shenge, where Aurora is already working. But Aurora is running fish landing sites in these communities through the fishing company Neptune (www.neptune.sl), as well as supporting other smaller projects in these communities. This is the second agreement Aurora signs with GGEM, the previous one was signed in November 2014 and was also for two years. Thousands of individuals and SME´s have already benefitted from that previous agreement.