Features and Benefits
Somalia is extremely vulnerable to climate change and susceptible to related shocks and exposures. With high dependency on imported energy, inadequate infrastructure, and high electricity cost. This product is created to address the cross-cutting energy requirements as part of the broader climate risk mitigation mechanism.
Our service support:
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- Climate adaptation and mitigation.
- Social aspects( environmental and social safeguards).
- Financing:
- Flexible collateral requirement.
- Quick process of application
- Tenure up to 24 months.
FAQs
- What types of loans does RAASMfi Offer?
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Raasmfi provides group loans, individual business loans, agri-business loans, emergency loans and education loans.
- Who does RAASMfi Target?
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RAAS targets unbanked clients in Somalia. The current geographical focus is urban and semi-urban but also expanding into rural areas