Financing Products

SMEs Financing

Sharia-compliant financing designed to support the growth, expansion, and sustainability of small and medium enterprises across Somalia.

SMEs Financing
Sharia modelMurabaha, Musharakah, Mudarabah, Salam, Istisna

Overview

About this product

SMEs Financing is a flagship Islamic financing product offered by Midnimo Microfinance Institution (MMIC) to support the growth and development of small and medium enterprises (SMEs) across Somalia.

The product provides accessible, Sharia-compliant financing solutions to entrepreneurs and businesses seeking to expand operations, purchase equipment, increase working capital, and create employment opportunities.

  • Business startup and expansion financing
  • Working capital support
  • Equipment and asset financing
  • Flexible repayment arrangements
  • Business advisory and financial literacy support

Through SMEs Financing, MMIC contributes to private sector development, job creation, economic growth, and financial inclusion throughout Somalia.

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Who it serves

  • • Small enterprises
  • • Medium enterprises
  • • Entrepreneurs
  • • Traders and merchants
  • • Manufacturing businesses
  • • Service providers
  • • Youth entrepreneurs
  • • Women-owned businesses
  • • Startups

What can be financed

  • • Working capital
  • • Business expansion
  • • Equipment and machinery
  • • Inventory and stock
  • • Shop and office setup
  • • Manufacturing inputs
  • • Transportation assets
  • • Agricultural businesses
  • • Livestock businesses
  • • Service businesses

Key benefits

  • • Sharia-compliant financing
  • • Flexible repayment options
  • • Fast processing
  • • Business growth support
  • • Increased productivity
  • • Job creation opportunities
  • • Financial literacy support
  • • Sustainable business development
Community impact of SMEs Financing
Community impactBeyond the individual

Community & social benefit

Impact beyond the individual

SMEs Financing promotes entrepreneurship, creates employment opportunities, supports economic growth, strengthens local markets, and contributes to poverty reduction and sustainable community development.

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Ready to apply for SMEs Financing?

Start your application today, or talk to our team on WhatsApp for guidance.

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