Somalia

Somalia flag

Main Project Partners:

Kaamil Microfinance Institution, Help Leads to Hope NGO, American Refugee Committee-Somalia, Somali media (radio & TV), Kaah Islamic Microfinance Services (KIMS), AECF, FAO, AFIF, Kaaba MFI, Doses of Hope NGO, Dahabshiil, SomTel, SPARK, Bamyan Media, WTYSL, Shaqodoon, AFIF

Contact: info@silatech.com



Project Name: Microfinance Technical Assistance Project - Puntland

Inception date: February 2013

Current status: Under development

Expected outcomes: Support to the creation of a greenfield microfinance institution in Puntland by 2014

Partner(s): Kaamil Microfinance Institution, Help Leads to Hope NGO

Countries covered: Somalia (Puntland)

Description: Provision of technical assistance to help in the launching of a youth-focused microfinance institution



Project Name: Microfinance Technical Assistance Project

Inception date: March 2013

Current status: Active

Expected outcomes: Support to the creation of a greenfield microfinance institution in Somalia by 2014.

Partner(s): Kaah Islamic Microfinance Services (KIMS), AECF, FAO, ARC

Countries covered: Somalia (all parts)

Description: Provision of technical assistance to help in the launching of a youth-focused microfinance institution by leveraging the existing Kaah Express networks and agents in urban and rural areas.



Project Name: Microfinance Technical Assistance Project - Somaliland

Inception date: September 2013

Current status: Active

Expected outcomes: Support to expansion of Kaaba’s youth portfolio and the design of two new Islamic finance products.

Partner(s): Kaaba MFI, Doses of Hope NGO, AFIF

Countries covered: Somalia (Somaliland)

Description: Provision of technical assistance and funding to help increase the youth focus of an existing microfinance institution



Project Name: Somali Youth Enterprise Awareness Initiative

Inception date: June 2013

Current status: Active

Expected outcomes: Increased awareness of and interest in self-employment among Somali youth; increased access to financial services for youth

Partner(s): ARC, Bulsho TV, Shaqodoon, Bamyan Media, WTYSL

Countries covered: Somalia

Description: Holistic project to support enterprise awareness, education, training, and access to finance for Somali youth in both urban and rural areas



Project Name: Supporting Youth in Somalia

Inception date: July 2013

Current status: Under development

Expected outcomes: 10,000 youth supported to access information and services which increase their economic opportunities over two years

Partner(s): ARC, Dahabshiil Money Transfer, SomTel, Dahabshiil Bank

Countries covered: Somalia

Description: Holistic project to support skills and training for youth in Somalia