
RAASMFI
@raasmfi1
RAAS Microfinance Institution (RAAS MFI) was founded by leaders in the Somali financial sector to foster financial inclusion and access to finance by providing
ID: 1501513798863273991
http://www.raasmfi.com 09-03-2022 11:02:58
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43 Followers
112 Following


RAAS MFI priorities investment in the fisheries sector. Somalia's future is in the blue economy. AECF Africa Gargaara Finance SOMINVEST Somali Bankers Association


The poor like anyone, require and use a variety of financial services for a variety of purposes. Access to capital is critical for economic development and poverty alleviation. AECF Africa Inclusive Resilience in Somalia Gargaara Finance USAID Somalia SOMINVEST



# RAAS MFI is providing critical financing for renewable energy to Jubbaland farmers. Farmers replaced Diesel fuel pumps 16.5kW with solar powered pumps 4kW. AECF Africa Inclusive Resilience in Somalia SOMINVEST #Acces to finance # Renewable energy # Climate adaptation # Agriculture



RAAS MFI - Making progress on our lending model: Group lending, VSLA, un-colletarelized lending with insurance schemes(partial credit guarantee). Massive opportunities by leveraging digital platforms and agency networking. AECF Africa Inclusive Resilience in Somalia Gargaara Finance EU Delegation Somalia


RAASMFI pioneered a Sharia Compliant digital platform with Musoni System to support Microfinance Institutions(MFIs) in Somalia. AECF Africa Inclusive Resilience in Somalia Gargaara Finance Mohamed Dubo SOMINVEST musonisystem.com/blog/musoni-no…

RAAS MFI signed a 2 years contract with Save the Children Somalia to implement youth economic and social empowerment project in Mogadishu, Baidoa, and Kismaayo. Access to capital is fundamental to business start-up. Save the Children Somalia AECF Africa Inclusive Resilience in Somalia Gargaara Finance


RAAS MFI & UNCDF are collaborating on financing durable solutions initiative for forcibly displaced people in Bosaso, Puntland. This initiative promotes equitable access to social services and economic opportunities. UNCDF Inclusive Resilience in Somalia AECF Africa Save the Children in Somalia Gargaara Finance


#RAAS MFI's mission is to enable financial inclusion and access to finance for women and youth. RAAS works with the unbanked and low income customers who lack proper documentations and collaterals. @CBSsomalia Save the Children in Somalia Inclusive Resilience in Somalia Gargaara Finance UNCDF AECF Africa


RAAS MFI is leading financial inclusion and access to finance in underserved communities in Baidoa. Key considerations rate reduction, working capital, group guarantee, and replacement of collaterals and guarantors Save the Children in Somalia Inclusive Resilience in Somalia Gargaara Finance @CBSsomalia AECF Africa



RAASMFI is very excited to partner with DT Global under the Inclusive Resilience in Somalia to support group lending in the Fisheries sector. RAAS would provide targeted financing to 160 women groups members organized in VSLA in Mogadishu and Baidoa. USAID Gargaara Finance AECF Africa

RAASMFI & Inclusive Resilience in Somalia collaborating on financial inclusion for group lending and cooperatives in the fisheries sector in coastal communities. Inclusive Resilience in Somalia AECF Africa Gargaara Finance USAID Somalia


The Gargaara Finance and the Raas Microfinance Institution have entered into an agreement. Under the terms of the agreement, Gargara will provide financing to Raas Microfinance after Raas has successfully completed a study to demonstrate its eligibility 1/3



RAAS MFI is honored to a sign a partnership agreement with COOPI to support 70 members of the refugees, returnees, IDPs, and host community members on revolving basis. Gargaara Finance U.S. Embassy Mogadishu, Somalia AECF Africa Save the Children in Somalia UNCDF FAO in Somalia UNIDO Somalia

RAAS MFI is implementing cooperatives financing product aimed to empower cooperatives through financing and capacity development. The Mideeye cooperative program is aimed to increase financial inclusion and access to financing. Inclusive Resilience in Somalia FAO in Somalia Save the Children in Somalia
