Finance Access
For All
Himilo MFI is more than a financial service provider—we are a community partner dedicated to helping people build better lives through Sharia-compliant, ethical, and inclusive finance accessible for all.
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Clients Served
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Jobs Created
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Women Empowered
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Main Branches
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Agency Banking
"We have a firm grasp of the financial needs and demands of the Somali community because we come from it ourselves."
Affordable Accessible Financial Services
Himilo Microfinance Institution (Himilo MFI) was founded and licensed by the Central Bank of Somalia in 2021 with a clear purpose: to improve the affordability and accessibility of financial services for poor and unbanked Somalis. We empower economically disadvantaged individuals—particularly women, youth, and small business owners—by offering a range of tailored Shariah-compliant financial solutions.
Women & Youth
Committed to affordable financing with flexible repayment terms
100% Mobile
First MFI to go fully mobile via SAHAL, EVC, E-DAHAB, and more
No Collateral
Encouraging the poor to access financial services easily
Sharia Compliant
All products designed in line with Islamic banking principles
Tailored Financial Solutions
Our products and services target youth and women in trade, agriculture, livestock and fisheries — representing almost 70% of Somalia's population.
Top Rated
SME Financing
Affordable, Sharia-compliant financing to support micro, small, and medium enterprises manage working capital, expand operations, and purchase equipment.
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Asset Financing
Supports individuals and business customers to purchase assets such as Cars, Bajaj, Motorbikes, and plant machinery with no collateral and flexible terms.
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Fisheries Financing
Enabling fisheries traders, especially women and youth, to upscale their business with finance for expansion, working capital, and equipment.
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Livestock Financing
Enabling livestock traders especially women and youth in livestock business for meat, butcheries and dairy products with flexible financing.
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Agribusiness Financing
Designed for small-scale farmers and traders of agriproducts to increase productivity and income from farming.
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Renewable Energy
Promoting sustainable energy use through financing for solar systems and energy-efficient equipment for households and businesses.
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SHG / VSLA Groups
Empowering self-helping groups through group enterprises, working capital, and promoting collective responsibility and financial literacy.
Learn MoreEmpowering Through Targeted Savings
Flexible and accessible savings solutions designed to help women, youth, and businesses achieve their financial goals.
Saharla Savings
A specialized savings account for women, supporting their journey toward financial independence and personal milestones.
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Shuruq Business Saver
Designed for aspiring entrepreneurs and small business owners to build the capital needed to launch or grow their enterprise.
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Kob'iye Youth Savings
Empowering young people to grow their income, launch businesses, and support their families' vocational and educational goals.
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Active Clients
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Women Outreach
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Main Branch Offices
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Total Disbursed (USD)
How We Make A Difference
We approach business in a creative, disruptive and empowering manner to solve the difficult loan eligibility criteria that commercial banks impose.
Innovation
Approach business in a creative, disruptive and empowering manner to solve the difficult loan eligibility criteria process.
Access
Avail an easily accessible and affordable credit facility that encourages the low income communities.
Tech Driven
Use technology to expand financial services outreach to rural areas not served by commercial banks, NGOs and other MFIs.
Inclusivity
To promote financial inclusion in Somali society — the majority of economically active poor, women, youth and disabled are unbanked.
Himilo Contributes to Sustainable Development Goals:
Real Stories, Real Impact
See how Himilo's financial services are transforming lives and businesses across Somalia.
Mama Mahado — Improved Harvest Through Micro-Agricultural Loans
Read Full StoryAmina Osman — Scaling to Global Wholesale
Read Full StoryNews & Events
Himilo Microfinance Institution Successfully Disburses Asset Product To Laacdheere Group
Himilo Microfinance Institution has successfully disbursed the asset product to the Laacdheere group, a key beneficiary under the Program Credit …
Read MoreHimilo Microfinance Disburses Agricultural Asset Product To Cuun Group For Financial Inclusion In Somalia
Himilo Microfinance Institution (MFI) has successfully disbursed the asset product to the Cuun group, a key beneficiary of the Program …
Read MoreHimilo Microfinance Institution Hosts Discussion With Somali Community In Minnesota On Its Role In Development
Himilo Microfinance Institution (Himilo MFI) met with the Somali community in Minnesota to discuss Somalia's ongoing development and the institution's …
Read MoreOur Partnerships
Collaborating with leading international organizations to drive financial inclusion across Somalia.
Ready to grow your business?
Get accessible, affordable, and Sharia-compliant financing today. No collateral required.