

Himilo Microfinance Institution was born out of a desire to improve both the quality and accessibility of financial services available to poor and unbanked Somalis.
Himilo MFI is a microfinance institution that provides a Sharia compliant products and services. It is established to offer much-needed financial services to economically active poor and low-income households, small scale entrepreneurs especially women, youth, and nascent businesses, who would otherwise not have access to such services.
Meet Faysal Ahmed Said, a successful livestock trader at the Garowe livestock market, specializing in sheep and goats. Initially operating with a modest setup, Faysal’s business struggled to meet his family’s essential needs.
Determined to achieve growth and sustainability, Faysal sought financial support from Himilo Microfinance. With the aid of a Himilo livestock finance loan, his business underwent significant expansion, resulting in increased customer base and revenue. Today, Faysal not only meets his family’s fundamental needs but also manages to save for the future.
Faysal shares, “The loan from Himilo Microfinance has been pivotal in achieving financial stability for my family, allowing us to cover school fees and healthcare. It has also enabled me to set aside savings for the future.”
Faysal’s success story exemplifies the transformative impact of microfinance in empowering local entrepreneurs and enhancing their quality of life. 🌟
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