Moon Banking

RAAS Microf­inance

in Somalia 🇸🇴

RAAS Microfinance in Somalia is unranked. Only banks with at least 10 votes are ranked. Cast your votes now!
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About RAAS Microfinance in Somalia

RAAS Microfinance is a non-deposit-taking microfinance institution (NDTMFI) licensed by the Central Bank of Somalia. The institution specializes in providing Sharia-compliant financial services to underserved populations, including low-income households, microenterprises, women-owned businesses, and youth-led start-ups in Somalia. RAAS Microfinance is one of seven institutions that received the first-ever regulatory licenses from the Central Bank of Somalia in November 2025, marking a significant milestone in the formalization of Somalia's microfinance sector.

RAAS Microfinance operates as part of Somalia's broader effort to expand financial inclusion and bring formal financial services to populations that have traditionally relied on informal finance, family networks, or short-term trade credit.