Fursad Maal
Fursad Maal finances vehicles and business equipment for young entrepreneurs and transport service providers.
Learn moreFinancing Products
SMEs Financing
Sharia-compliant financing designed to support the growth, expansion, and sustainability of small and medium enterprises across Somalia.
Sharia modelMurabaha, Musharakah, Mudarabah, Salam, Istisna
Overview
About this product
SMEs Financing is a flagship Islamic financing product offered by Midnimo Microfinance 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, Midnimo Microfinance contributes to private sector development, job creation, economic growth, and financial inclusion throughout Somalia.
Product visuals
How this service works
Simple visual materials that help clients understand the product and its benefits.
Product visual
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 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.
See our wider impactExplore more
Related services
E-Fursad
E-Fursad is a Sharia-compliant electronic financing solution that enables individuals and businesses across Somalia to access smartphones, laptops, tablets, and other essential digital devices through affordable and flexible payment plans.
Learn moreReady to apply for SMEs Financing?
Start your application today, or talk to our team on WhatsApp for guidance.