Our Vision

Our Vision

Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. An estimated 2 billion working-age adults globally have no access to the types of formal financial services delivered by regulated financial institutions. For example, in Sub-Saharan Africa, only 24% of adults have a bank account even though Africa's formal financial sector has grown in recent years. It is argued that as banking services are in the nature of a public good, the availability of banking and payment services to the entire population without discrimination is a key objective of financial inclusion.

To offer microfinance services with focus on low income youth and women in both rural and urban areas in the Somali regions. KIMS main objectives are to provide easy access for target clientele to Islamic financial services at market rate and play a catalytic role to lubricate the process of enterprise and agricultural sector development in the entire Somali regions.

 

KIMS map of location

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