About KIMS Microfinance
KIMS is Somalia’s leading provider of Sharia-compliant microfinance services, established in 2014. Headquartered in Hargeisa, Somaliland, KIMS operates across Somalia, including Puntland and South-Central regions. KIMS offers a range of financial products and non-financial support services, including micro and small enterprise financing, group loans, solar home system financing, financial literacy and business skills training, and job creation initiatives.
Mission, Vision & Objectives
Mission
Creating economic opportunities for all through tailor-made and Sharia-compliant financial services that leave no one behind.
Vision
A self-reliant society that has a strong partner for financial inclusion
Objectives
By 2026 KIMS Microfinance will achieve the following business objectives:
I. Operational Objectives
II. Social Objectives
Operational Objectives– 2026
Increase its active clients base to 25,000 MSEs
Provide cumulative financing to over 80,000 MSEs
Provide cumulative financing totaling $USD 70 million
Have an active portfolio of $USD 27 million
Social Objectives – 2026
Financial Inclusion
60,000 Somali entrepreneurs provided with first-time finance.
Job Creation
KIMS Microfinance financing will stimulate an estimated 80,000 new jobs.
Women's Empowerment
Half of all clients will be female business owners.
Youth Employment
5,000 youth will be provided with start-up business support packages.
Financial Capability
50,000 clients will be provided with financial literacy training to improve their ability to make financial decisions.
Energy Access
At least 5,000 clients will be support to install solar home systems through KIMS Microfinance energy financing scheme.
Serving Vulnerable Groups
5,000 former refugees and internally displaced people will be provided with skills training and financial access.
Rural Outreach
40% of KIMS Microfinance clients will be from rural areas.
KIMS Microfinance
KIMS is the Somalia market leader in the provision of sharia-compliant microfinance services.
Conact Us
info@kimsmfi.com
Hargeisa HQ,
Burji Omaar building,
Main Road, Downtown,
Hargeisa, Somaliland