Welcome
Who we are
Leaders in the Somali financial sector established RAAS Microfinance Institution to promote financial inclusion and access to capital by offering loan program initiatives that are focused on the economically active poor. Currently, RAAS is one of Somalia’s top digital microfinance institutions and has successfully created a platform that uses mobile banking tools and platforms to give previously unbanked people access to a range of Shariah-compliant credit schemes.
Our Loans
Renewable Energy
Somalia is extremely vulnerable to climate change and susceptible to related shocks and exposures.
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RAAS Micro Loan
A multipurpose solution for small businesses/entrepreneurs suitable for Working capital, LPO financing, and business emergencies.
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Group Business Loan
A financing solution for Self-help groups to grow and improve their businesses.
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SME/Business Loans
They are facilities designed to facilitate the scaling up of businesses through accessing affordable financial services.
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Asset Finance
RAAS MFI Finance facility supports SMEs and Individuals acquiring assets such as Personal cars, Bajaj, Motorbikes, plant machinery, etc.
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Agribusiness Loans
A product designed for farmers to help them meet their immediate financial needs .
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Leading
Effective Solutions
Giving everyone an opportunity —to achieve financial security
Innovation
Develop new ideas to enable us to be the most efficient microfinance institution in Somalia, delivering innovative and competitive financial services by using the latest technology and data analytics.
What we offer
Created a strong brand in the Financial Sector and continues to strengthen its presence in the market. We envisions to be a market leader through diversified products & wider distribution networks.
Better Loans
We have a more personal approach to lending, offering solutions-based products and providing a broader range of loan options to an Individual, business or an organization.
Our Partners
