KIMS (Kaah International Microfinance Services)

General Information

IndustryServices

Organisation typeCompany

Company Address Bahsane Building, Opposite Dara Salam Centre, Downtown, Hargeisa, Somaliland
, Hargeisa
Somaliland, Somalia Somalia

Phone number+252 6344 26205

Web page http://www.kimsmfi.com

Company Address info@kimsmfi.com

Contact Information

Contact Person Mr. Abdillahi Awad
CEO

Phone+252-6344 26205

Email abdillahi.awad@kimsmfi.com

Verified By

OrganisationFinland-Somalia Association

Contact personYusuf M. Mubarak

Project typeJointVenture

Project abstractKIMS (Kaah International microfinance services company), Somalian company specialised in finance and micro-finance sector is searching for Finnish partners for finance, loans and micro-finance market related partnership.

Project description

The company, established in 2013 is based in Somalia (In Somaliland: Hargeisa HQ Branch, Burco, Borama, and in South-central Somalia: Mugadisho, Kismayo, Bosaso) and currently employs over 250 persons.

The company’s main service include finance, loans and micro-financing related services. The company has 4 loan types (microenterprise group, microenterprise individual, SME Joint Venture loan and SME individual loan).

The customers so far have been mainly youth and groups that want to apply for small micro-loans and need financing services.

The company is currently looking for a partner to extend its financial base and investments as well as to increase service provisions and branches.

Attachments

Number of employees250

Annual turnover in €2-10M

Annual balance sheet total0,5-2M

Already engaged in international co-operationYes

Percentage of transnational activities10 to 49 %