Himilo MFI’s customer-centric approach has enabled us to provide a comprehensive suite of tailored financing, savings, and business training solutions that address the unique needs and circumstances of our clients. Our loan products include:
SME Financing Loans
Himilo MFI’s SME Financing Loan provides affordable, Shariah-compliant financing to support micro, small, and medium enterprises. The loan helps businesses manage working capital, expand operations, purchase equipment, and access new markets, enabling entrepreneurs to grow income, strengthen operations, and achieve sustainable business success.
Features & Benefits
- No collateral required
- Quick processing of the application
- Flexible and affordable repayment terms
Requirements
- Valid identification document (Passport, National ID, etc.)
- Completed and signed application forms
- Ability to provide a guarantor
Asset Financing Loans
Himilo MFI’s Asset Financing Loan helps clients acquire essential business and household assets through affordable, Shariah-compliant financing. It supports the purchase of productive equipment, vehicles, and renewable energy solutions, enabling entrepreneurs and families to boost income and improve their livelihoods.
Features & Benefits
- No collateral required
- Quick processing of the application
- Flexible and affordable repayment terms
SHG / VSLA Group Business Loans
Himilo MFI’s SHG Business Loan provides affordable, Shariah-compliant financing to empower self-helping groups. The loan supports group enterprises, working capital, and asset acquisition while promoting collective responsibility, financial literacy, and sustainable income growth for members.
Features & Benefits
- No collateral required
- Quick processing
- Affordable repayment terms
Requirements
- Group valid identification documents
- Business registration certificates
- Completed and signed group application forms
- Ability to provide a guarantor
Livestock Financing Loans
Himilo MFI’s Livestock Financing Loan boosts your livestock business through affordable, Shariah-compliant financing. The product enables clients to purchase animals, acquire quality feed, access veterinary services, and improve production or fattening cycles. Designed for pastoralists, farmers, and livestock traders, it enhances income generation and supports growth across the entire livestock value chain.
Features & Benefits
- No collateral required
- Quick processing & group financing available
- Flexible and affordable repayment terms
Fisheries Financing Loans
Himilo MFI’s Fisheries Financing Loan provides affordable, Shariah-compliant financing to support fishers, aquaculture farmers, and fisheries-related businesses. The loan helps clients purchase boats, equipment, and inputs, improve storage and processing, and expand market access, enabling sustainable income growth and development across the fisheries value chain.
Features & Benefits
- No collateral required
- Quick processing & group financing available
- Flexible and affordable repayment terms
Agribusiness Financing Loans
Himilo MFI’s Agribusiness Financing Loan provides affordable, Shariah-compliant financing to support farmers and agribusinesses. The loan helps clients purchase inputs, access equipment, improve production and processing, and expand market reach, enabling sustainable income growth and stronger agricultural value chains.
Features & Benefits
- No collateral required
- Quick processing & group financing available
- Flexible and affordable repayment terms
Renewable Energy Financing
Himilo MFI’s Renewable Energy Financing Loan provides affordable, Shariah-compliant financing to support households, businesses, and communities in accessing clean energy solutions. The loan helps clients purchase solar systems, energy-efficient equipment, and mini-grids, promoting sustainable energy use, cost savings, and improved livelihoods.
Features & Benefits
- No collateral required
- Quick processing & group financing available
- Flexible and affordable repayment terms
Himilo Micro-Savings
Himilo Micro-Savings is designed to meet the needs of low-income, economically active members of the Somali community, with a special focus on women and youth. It plays a vital role in promoting financial inclusion and empowering marginalized communities. Through Himilo Micro-Savings, clients can access a variety of flexible savings solutions that suit their needs and help them achieve their financial goals.
A. Saharla Savings
Saharla Savings is a savings account for women that helps them gain better access to financial resources, supporting their journey toward financial independence. With Saharla Savings, women have the freedom to use their money as they see fit, whether for business, education, household needs, or other personal milestones.
Open Account
B. Kob'iye Youth Savings
Kob’iye Savings is here to empower young people to reach their full potential while supporting their families. Through Kob’iye Savings Schemes, youth can grow their income, acquire assets, launch new businesses, and create a brighter future. This program opens the door to affordable financial solutions, helping dreams turn into reality.
Open Account
C. Shuruq Business Saver
Himilo MFI’s Shuruq Business Saver is a savings account designed for aspiring entrepreneurs and small business owners. Build your savings with Himilo and turn them into the capital you need to launch or grow your business. “Save today, start your business tomorrow!”
Open AccountLoan Application Process
OUR PROCESSApply Loan
Submit your application through our easy online form or visit any of our branches for personalized assistance.
Present Documents
Provide the necessary identification and business documents for our quick verification and assessment process.
Access Funds!
Once approved, your funds are disbursed promptly, giving you the capital you need to grow your impact.
Ready to get started?
Contact us today to learn more about our products and how we can help you grow.
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