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Somalia

Partners

Food and Agricultural Organization (FAO), and African Enterprise Challenge Fund (AECF)

American Refugee Committee (ARC), Shuraako/ AFF, Shaqodoon, Doses of hope, and Help Leads to Hope

Dahabshiil, Kaah Express, Kaamil MFI, and Kaaba MFI

Somali media (Radio & TV), and WTYSL

Projects

MICROFINANCE TECHNICAL ASSISTANCE PROJECT – PUNTLAND

Silatech is supporting a Puntland-based NGO, Help Leads to Hope, to design and launch a youth-focused microfinance institution—Kaamil MFI—which will facilitate access to loan capital and micro savings facilities for young entrepreneurs in Puntland and beyond.

KAAH ISLAMIC MICROFINANCE SERVICES

Silatech, Kaah Express and the American Refugee Committee have partnered to launch Kaah Islamic Microfinance Services, a youth-focused microfinance institution which will leverage the existing Kaah Express networks and agents in urban and rural areas. Silatech provides technical assistance.

MICROFINANCE TECHNICAL ASSISTANCE PROJECT- Across Somalia

Silatech has entered into a partnership with Dahabshiil (a leading African money services business) to support the company’s spin-off microfinance institution, with the objective of promoting Somali youth enterprise development and providing employment solutions throughout Somalia.

SOMALI YOUTH EMPLOYMENT AND ENTREPRENEURSHIP PROGRAM (SYEEP)

Silatech, Shaqodoon and the American Refugee Committee have partnered to create SYEEP, the primary component of which is the establishment of specially-designed “One Stop Shop” (OSS) centers for youth employment and business support services.

Somali Youth Economic Empowerment Initiative (SYEEI)

Silatech is working on implementing two more projects in Somalia:

Project 1: Bring together existing partners—Shaqodoon, KIMS and M-Dahab—to train, mentor and provide access to finance to high-growth youth start-up businesses across Somalia.

Project 2: Bring together existing and new partners— Help Leads to Hope (HLH), Kaamil MFI and Ministry of Women Development & Family Affairs (MOWDAFA), to provide young women and women’s cooperatives living in Puntland region of Somalia with financial literacy, enterprise development training, and access to finance to start-up their businesses.