Financing Growth for Somali Businesses
Gargaara funds 12 partner banks and microfinance institutions to lend to Somali businesses at 3-5%, and trains their teams to lend well.
Get Funding to Lend to More Businesses
Gargaara provides your bank with funding to make more business loans. We also train your team and share the risk with you.
We Provide Funding That Creates Jobs
Gargaara provides funding to banks for business lending. See our results on loans made, jobs created and operations.
Development and Funding Partners
Government Partners
Partner Financial Institutions (Banks and MFIs)
Development and Funding Partners
Government Partners
Partner Financial Institutions (Banks and MFIs)
Results Achieved
Gargaara FinanceUpdated as of 30 September 2026
- Total Investment$52.45M
- Partner Institutions12
- Loans Issued5949
- Sector Focus8
Results Achieved
Gargaara Finance
Updated as of 30 September 2026
- Total Investment$52.45M
Lent through partner banks & MFIs
- Partner Institutions12
Banks & MFIs
- Loans Issued5949
To Somali businesses
- Sector Focus8
Key economic sectors
Funding by Project
Share of the $52.45M partner banks lent to businesses
Gender Impact
Beneficiary distribution
How It Works
Funding moves from international development partners, through local banks and microfinance institutions, to Somali businesses.
Partners Provide Capital
International partners, including the World Bank and KfW, fund Gargaara.
Partner Banks Receive Funding
Gargaara allocates funds to 12 partner banks and microfinance institutions, shares the lending risk, and trains their staff.
Businesses Get Affordable Loans
Banks lend to businesses at 3-5%, compared with the usual 15-25%.
How It Works
Funding moves from international development partners, through local banks and microfinance institutions, to Somali businesses.
- Step 1
Partners Provide Capital
International partners, including the World Bank and KfW, fund Gargaara.
- Step 2
Partner Banks Receive Funding
Gargaara allocates funds to 12 partner banks and microfinance institutions, shares the lending risk, and trains their staff.
- Step 3
Businesses Get Affordable Loans
Banks lend to businesses at 3-5%, compared with the usual 15-25%.
Types of Businesses We Help
We finance eight different kinds of businesses to help Somalia's economy grow.
Livestock
We give loans to people who raise cows, goats, and camels so they can take better care of their animals.
Fisheries
We give loans to fishermen to buy boats, nets, and fridges to keep fish fresh so they can sell more.
Agriculture
We give loans to farmers to buy seeds, water pumps, and tools so they can grow more food.
Energy
We give loans to buy solar panels and batteries so homes and shops can have electricity.
Manufacturing
We give loans to people who make things in workshops and factories.
Education
We give loans to build and run schools and training centers where people learn new skills.
Health
We give loans to open clinics and buy medical supplies so people can get better healthcare.
Tourism
We give loans to build hotels and restaurants so visitors have places to stay and eat.
What People Say About Us
Hear from partner banks and trainers about the training and support Gargaara provides.
What People Say About Us
Hear from partner banks and trainers about the training and support Gargaara provides.
Common questions about Gargaara funding
How Gargaara funding reaches your business, from where to apply to what your loan costs.
Common questions
about Gargaara funding
How Gargaara funding reaches your business, from where to apply to what your loan costs.
Grow Your Business With a 3-5% Loan
Visit one of our 12 partner banks or microfinance institutions with your business documents and ask for a Gargaara-funded loan.
- 3-5%Loan rate
- 12Partner banks
- 8Key sectors
Grow Your Business
With a 3-5% Loan
Visit one of our 12 partner banks or microfinance institutions with your business documents and ask for a Gargaara-funded loan.
You apply at your bank, not with Gargaara.
- Loans at 3-5%
- 12 partner banks
- 8 key sectors