New business relationship formed after receiving microcredit

26.10.15

Mr. Aruna Sesay is the owner of Macro Investment, a supplier of computer accessories and stationeries. Through a microcredit loan of SLL 40 Million (ca. $7800) from Aurora Foundation through the microcredit institution A Call To Business Trading Limited, one of the two microcredit institutions Aurora is working with in Sierra Leone, Mr. Sesay was able to take advantage of an opportunity to serve a large purchase order to supply printer toners and establish a relationship with a new corporate buyer. The loan was secured by stock inventories and sales proceeds, an approach that he greatly appreciated as compared to stringent requirements of hard collaterals, which he does not have.

With him on the photo is Mr. Tony Kallon a Credit Officer from A Call To Business Trading Limited, one of the two Microfinance Institutions Aurora Foundation is working with in Sierra Leone.

First Artisan Meet-Up at Aurora House:

First Artisan Meet-Up at Aurora House:

On Tuesday, November 12th, the Aurora Foundation hosted its very first Artisan Meet-Up at the Aurora House, marking a significant milestone in our ongoing efforts to support and empower local artisans in Sierra Leone. This event brought together a vibrant group of...

Inkundula Festival: A Celebration of Sierra Leone’s Creative Spirit

Inkundula Festival: A Celebration of Sierra Leone’s Creative Spirit

Aurora Foundation is proud to have sponsored the inaugural Inkundula Festival, a vibrant three-day celebration of Sierra Leone’s dynamic arts and culture scene. The festival began on the evening of October 31st at the Aurora House, where the atmosphere was alive with...