Membership Directory - Corporate
Maal Microfinance L.T.D
Financial Services
Member Since: 2025
About
Company Profile (Description for members directory): Maal Microfinance Limited is a licensed microfinance institution incorporated in Somalia in 2020 as a limited liability company and regulated by the Central Bank of Somalia. Established with a clear mission to empower underserved communities, Maal provides Shariah-compliant financial services tailored to the needs of the informal Micro, Small, and Medium Enterprises (MSME) sector.
Since its inception, Maal Microfinance has demonstrated consistent growth and resilience in its operations. By 2024, the institution had disbursed over USD 8.9 million in financing and successfully reached 8,330 clients across 11 regions of the country. This expansion reflects Maal’s strategic focus on inclusive finance and community-level impact. The institution maintains a robust 88.5% loan repayment success rate, which highlights its strong risk management framework and effective borrower selection procedures.
Maal’s financing portfolio is well-diversified, strategically investing in high-impact sectors such as trade, agriculture, livestock, fisheries, and renewable energy. This sectoral diversity enables the institution to contribute meaningfully to Somalia’s socio-economic development while ensuring portfolio stability and sustainability.
A core focus of Maal Microfinance is advancing gender equality and youth empowerment. Approximately 60% of its portfolio supports women, with an additional 15% targeting youth-led enterprises and 25% allocated to broader MSMEs. Clients benefit not only from financial access but also from pre- and post-financing training, equipping them with critical knowledge to sustain and grow their ventures.
Maal has built a network of strategic partnerships to support product development, data-driven innovation, and institutional learning. The organization has previously collaborated with respected international and local institutions, including Concern Worldwide, Lifeline Gedo, Shabelle Community Development Organization (SHACDO), YouthLink, CISP, Human Appeal, and the Africa Enterprise Challenge Fund (AECF) under its Finance for Inclusive Growth (FIG) Program.
Through its inclusive financial model, values-driven leadership, and strategic collaborations, Maal Microfinance continues to advance financial inclusion and economic empowerment in Somalia, particularly for women, youth, and low-income entrepreneurs across the country.
Company Website Address: https://maalmicrofinance.com/
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