Women and youth entrepreneurs are essential to Somalia’s economic transformation. However, limited access to capital often restricts their growth potential.
Hogaan Microfinance addresses this challenge through dedicated financial inclusion programs designed specifically for underserved groups.
Siraad – Women’s Financing Program
The Siraad program provides Sharia-compliant financing tailored to women-owned businesses. Group-based lending models encourage collaboration, social trust, and shared responsibility, enabling women entrepreneurs to grow their enterprises sustainably.
Ifiye – Youth Entrepreneurship Program
Young innovators benefit from Ifiye, which combines financing with business development support and financial literacy training. This integrated approach helps youth entrepreneurs strengthen business management skills and improve financial decision-making.
Building Financial Capability
In addition to financing, Hogaan Microfinance delivers financial literacy programs covering budgeting, responsible borrowing, savings strategies, and mobile money usage. These programs improve long-term business sustainability and reduce financial vulnerability.
A Path Toward Inclusive Economic Growth
By prioritizing women and youth, Hogaan Microfinance supports job creation, income diversification, and inclusive economic growth in Somalia.
