MMIC Microfinance
in Somalia 🇸🇴
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About MMIC Microfinance in Somalia
MMIC Microfinance is a licensed non-deposit-taking microfinance institution operating in Somalia. The institution is regulated by the Central Bank of Somalia and provides Shariah-compliant financial services to underserved communities, including micro, small, and medium enterprises (MSMEs), households, women, and youth who lack access to traditional banking services.
MMIC Microfinance is one of the pioneering microfinance providers in Somalia, receiving regulatory licensing as part of the country's effort to formalize and strengthen its financial sector. The institution operates under the supervision of the Central Bank of Somalia in accordance with the Financial Institutions Law of 2025.