How do I apply for a Gargaara-funded loan?

You apply at one of our partner banks or microfinance institutions, not with Gargaara directly. Visit a branch with your business registration, financial statements and ID, and ask for a Gargaara-funded loan.

Which banks offer Gargaara-funded loans?

Our partners include Amal Bank, Amana Bank, Daryeel Bank, IBS Bank, Idman Community Bank, KIMS Microfinance, MyBank, Premier Bank, Salaam Somali Bank and SomBank.

How much will my loan cost?

Partner banks lend Gargaara funding to businesses at 3-5%, compared with the usual 15-25%. Your bank confirms the final terms of your loan.

Which businesses can get funding?

Businesses in eight sectors: livestock, fisheries, agriculture, energy, manufacturing, education, health, and tourism.

Where does Gargaara's funding come from?

International development partners, including the World Bank and KfW, fund Gargaara. We pass that funding to partner banks, share their lending risk, and train their staff.

• For Business Owners

Financing Growth in Somalia's Livestock

Gargaara funds 12 partner banks and microfinance institutions to lend to Somali businesses at 3-5%, and trains their teams to lend well.

How to Apply See How It Works

Affordable Loans
Eight Sectors
Expert Guidance

Two Somali women at the SCALED-UP project closing event in Mogadishu

Development and Funding Partners

Government Partners

Partner Financial Institutions (Banks and MFIs)

• Our Impact

Results Achieved

Gargaara Finance

Updated as of 30 September 2026

Total Investment
$52.45M
Lent through partner banks & MFIs
Partner Institutions
12
Banks & MFIs
Loans Issued
5949
To Somali businesses
Sector Focus
8
Key economic sectors

Funding by Sector

Lending to businesses in millions USD

Funding by Project

Share of the $52.45M partner banks lent to businesses

$52.45MLent

SCALED-UP73.4%

KfW23.3%

DRIVE3.3%

Gender Impact

Beneficiary distribution

48%

Women Beneficiaries

52%

Men Beneficiaries

• The Gargaara Model

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%.

• Key Sectors

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.

• Testimonials

What People Say About Us

Hear from partner banks and trainers about the training and support Gargaara provides.

“High-level experts run the program, resulting in continuous improvement and great collaboration every time they visit Mogadishu.”

Peter GitauKBA Institute

“The training was highly beneficial, focusing on enhancing financial knowledge and banking services to support our daily work.”

Ismail Dahir AliInvestment Office, SomBank

“Gained valuable knowledge and skills from the training organized by Gargaara Finance for financial institutions.”

Abdulkadir Ismail MohamedInvestment and Finance, Premier Bank

• Got questions?

Common questions
about Gargaara funding

How Gargaara funding reaches your business, from where to apply to what your loan costs.

Man in a grey suit speaking into a microphone during a Gargaara meeting

• Get Started

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.

Find a Partner Bank Get Help Applying

Loans at 3-5%
12 partner banks
8 key sectors

Financing Growth in Somalia's Livestock

Get Funding to Lend to More Businesses

We Provide Funding That Creates Jobs