KIMS Microfinance
OperatingKIMS Microfinance is Somalia’s first and only dedicated and privately-owned microfinance institution.
- Financial Services
- Mogadishu, Somalia
- Venture
- Founded 2014
- kimsmfi.com ↗
- Total raised
- $1M
- disclosed
- Last round
- $1M
- Venture
- Rounds
- 1
- since 2014
- Investors
- 1
- on record
- Employees
- 51-200
About KIMS Microfinance
Launched in 2014 KIMS is Somalia’s first and only dedicated and privately-owned microfinance institution. KIMS operates on commercial basis providing enterprise financing and linked savings services to low income but economically active Somalis and Somali small businesses. Headquartered in Hargeisa, Somaliland, KIMS has operations via 11 branches in nine locations throughout Somaliland, Puntland and Southern and Central Somalia.
KIMS havs provided financial services to over 9,000 clients since launch in 2014 with a total of more than $8 million provided in financing which have resulted in the creation of an estimated 6,000+ new jobs.
KIMS Microfinance funding1 round
KIMS Microfinance has raised $1M across 1 disclosed round. The latest is a $1M Venture announced 13 Jun 2025, led by Acumen.
Who has invested in KIMS Microfinance
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 13 Jun 2025 | KIMS Microfinance Venture | Acumen | $1M |
KIMS Microfinance competitorssame sector · similar funding
- KiaKiaAbuja, Nigeria
- Mighty Finance SolutionLusaka, Zambia
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Frequently asked about KIMS Microfinance
- Where is KIMS Microfinance based and when was it founded?
- KIMS Microfinance is headquartered in Mogadishu, Somalia and was founded in 2014.
- How much funding has KIMS Microfinance raised?
- KIMS Microfinance has raised $1M across 1 disclosed round. Its latest, a $1M Venture, was announced on Jun 13, 2025.
- Who has invested in KIMS Microfinance?
- Backers include Acumen.
- What sector is KIMS Microfinance in?
- KIMS Microfinance operates in Financial Services, Banking and Microfinance.
