We are a unique Somali-owned financial services provider founded by scholars who have vast experience in the microfinance industry. It was previously known as Somali Women Welfare Trust.
Vision: Become the leading microfinance company in Somalia
Mission Statement : Provide financial services including savings and loans to poor people living in both urban and rural settings, who are unable to obtain such services from the formal financial institutions.
We are licensed and regulated by Central Bank of Somalia as a Microfinance Institution (MFI) and registered with the Ministry of Commerce and Industry of Federal Government of Somalia to conduct micro finance business.
Our aim is to enhance financial inclusion in Somalia by lending to the poor and low-income people who cannot access or qualify for conventional commercial banking services. We target micro-entrepreneurs as well as small and medium-sized enterprises in both urban and rural areas.
Our main objective is to bridge the gap between finance and the need in the market.
The Somalia Bottom of the Pyramid market is unique. There are small traders, struggling entrepreneurs and potentially profitable SMEs in need of financial services tailored to their unique needs. But majority of these entrepreneurs do not qualify for bank loans mainly because they do not have the required security.