Services
GANACSIGA
business" refers to an organization or enterprising entity that engages in commercial, industrial, or professional activities. The purpose of a business is to facilitate some sort of economic production of goods or services Businesses can be for-profit entities or sommicrofinance organizations fulfilling a charitable mission or furthering a social cause. Businesses range in scale and scope from sole proprietorships to large, international corporations. Business also refers to the efforts and activities undertaken by individuals to produce and sell goods and services for profit
GAADIIDKA
Sommicrofinance offers an Asset Finance product designed to support the acquisition of various assets, including personal cars, motorcycles, and machinery. Their financing options are flexible, accommodating both new and used vehicles, and they provide insurance premium financing as part of the package. The application process is streamlined for quick processing, making it accessible for many in need of transportation solutions
XOOLAHA NOOL
Sommicrofinance offers Xoolaha nool, a financial product designed to support livestock farmers and traders. This initiative aims to enhance the productivity and profitability of the livestock sector by providing access to financing for purchasing, breeding, and improving livestock
BEERAHA
Sommicrofinance is a financial institution dedicated to fostering financial inclusion and economic development in Somalia. Through its "Beeraha" initiatives, Sommicrofinance focuses on providing financial services and support to the agricultural community, recognizing the sector's pivotal role in the nation's econom
Accessing Your Money
Sommicrofinance Offers practical lessons on account management, including deposits, withdrawals, and statement requests program for entrepreneurs and business owners across sectors, focusing on establishing well-managed and operationally sound businesses
Repeat
Change more lives by Sommicrofinance relending the money over and over again
Get repaid
sommicrofinance borrowers have a 97% repayment rate historically
Loan and loan education
Educates customers on loan processes, criteria, and required documentation, and the rationale for charges Send your funds to your beneficiaries within Sommicrofinance or to other banks. Transfer within Sommicrofinance is instant and to other banks may take 24 hours.
Be Our Partner
Choose a borrower who inspires you or choose a cause you support
Withdraw Funds
Account-holders of Sommicrofinance are able to withdraw money from their account. Without verification, any withdrawal won't be completed, so you can trust Sommicrofinance.