About KIMS Microfinance
KIMS is the Somalia market leader in the provision of sharia compliant microfinance services.
Since 2014 KIMS has provided $27 million to more than 27,000 micro and small-sized (MSME) clients.
KIMS has included diversification into non finance services such as financial literacy and business training that maximize the social impact of access to finance, provision to productive assets through solar home system loans and innovative use of mobile money in Somalia for managing repayment.
Mission, Vision & Objectives
To support small and micro entrepreneurs and individuals. especially women and youth, through East Africa to become self-reliant and improve their quality of life by providing high quality, diversified and sustainable financial services that meet their needs.
All vulnerable population in East Africa have access to financial services to become self – reliant.
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