Moon Banking

Asal Microf­inance

in Somalia 🇸🇴

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

Asal Microfinance is a Sharia-compliant non-deposit-taking microfinance institution licensed by the Central Bank of Somalia. The institution is one of the first seven microfinance providers to receive formal regulatory approval in Somalia, marking a significant milestone in the country's financial sector development.

Asal Microfinance focuses on providing financial services to underserved communities, including microenterprises, small businesses, women-owned businesses, and youth-led start-ups that have historically operated outside the formal banking system.