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Overcoming Challenges: The KIMS Loan Empowers an Entrepreneur at Bosaso Market

Overcoming Challenges: The KIMS Loan Empowers an Entrepreneur at Bosaso Market

by Mohamud Ali | Dec 21, 2024 | Trade

Bosaso town, located in Puntland, Somalia, is home to Faysal Mire Noor, a determined entrepreneur and the owner of Bushra Clothing Store. For years, Faysal faced significant challenges: limited cash flow, an inability to expand, and fierce competition in the Bosaso...
Following KIM’s loan, Fadumo Ahmed has emerged as a standout figure in a male-dominated market.

Following KIM’s loan, Fadumo Ahmed has emerged as a standout figure in a male-dominated market.

by Mohamud Ali | Dec 21, 2024 | Trade

In the coastal city of Bosaso, Puntland, Somalia, Fadumo Ahmed Eise faced a significant challenge in growing her clothing store, Las’anod. For over 12 years, Fadumo has provided tailored goods and services. Still, despite her dedication, she struggled with limited...
Success Story:  Resilient Single Mother manages to Build a Successful Business via KIMS loans

Success Story:  Resilient Single Mother manages to Build a Successful Business via KIMS loans

by Mohamud Ali | May 4, 2024 | Agriculture Sector

Qaali Ahmed Yabarow 35 years old, she is a resilient single mother with three children who owns a small shop in Hamarweyn’s urban slums. She previously owned a small grocery stall, selling maize, rice, groundnuts, and different types of other vegetables. When her both...
Senior KIMS Team Participate in a Gargaara organized Training in Mogadishu 

Senior KIMS Team Participate in a Gargaara organized Training in Mogadishu 

by Mohamud Ali | May 4, 2024 | Blog

The ministry of finance affiliated company of Gargaara and KIB on Thursday 25 ,04 ,2024 concluded a 5-day training program for Bankers representing Somali financial institutions mainly Banks and MFIs.  The training which took place at Istanbul Hotel was held...
KIMS Microfinance Unveils new product Designed for women entrepreneurs.

KIMS Microfinance Unveils new product Designed for women entrepreneurs.

by Mohamud Ali | Apr 29, 2024 | Blog

KIMS Microfinance, a leading microfinance institution in Somalia, is committed to offering Sharia-compliant services.  We are excited to introduce the Khadija Product, our new initiative tailored specifically for women entrepreneurs. This product is designed...
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Recent Posts

  • Acumen invests $1M in Somalia’s KIMS to grow off-grid solar
  • KIMS Microfinance and Mogadishu University Sign Historic Memorandum of Understanding
  • From Ideas to Impact: KIMS Microfinance conducts a business training program for 34 business owners in Mogadishu.
  • KIMS Microfinance Employee Receives Prestigious 2024 Field Officer Appreciation Award from Whole Planet Foundation
  • Making Microfinance Work : IFC Training for KIMS Branch Managers concludes in Hargeisa

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