Garowe, Somalia – [02/02/2025] – In a significant step toward economic empowerment and agricultural development, Himilo Microfinance Institution (MFI) has successfully disbursed financed assets to the Rababaale Group. This initiative is part of a broader transformative group investment program aimed at supporting agricultural projects in the Garowe District.
The program, designed to empower women and promote financial inclusion, was made possible through a partnership between Himilo MFI and the Salaam Development Center (SDC). By enhancing financial access and creating sustainable livelihood opportunities, the initiative seeks to uplift communities and strengthen local agricultural ventures.
Himilo MFI emphasized the importance of supporting women-led agricultural projects. The program is not just about financing; it is about empowering women, improving food security, and fostering economic growth in the region.
Members of the Rababaale Group expressed their gratitude, highlighting the significant impact the financial support will have on their farming activities. “This initiative has given us the resources we need to expand our agricultural production, improve our incomes, and secure a better future for our families,” shared one of the beneficiaries.
The partnership between Himilo MFI and SDC is expected to serve as a model for future agricultural investment initiatives in Somalia. By providing targeted financial solutions and fostering sustainable economic growth, the program underscores the critical role of microfinance in community development.
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