Saving is the right starting point for the right financial destination. We offer formal savings services designed to accommodate irregular income and irregular savings to help low-income and economically active save for future while working to earn a better livelihood today. An earnest attempt to deepen our outreach and expand savings services to low-income and economically active people in Somalia.

An integrated approach to enable economically active people (women, men and youth) borrow from formal financial institutions in the absence of collateral in order to support micro entrepreneurs purchase assets or meet their working capital needs. This is a unique financing mechanism that combines savings, training and micro financing to promote access to finance, culture of saving, financial literacy and micro-enterprise in Somalia.

A Partnership program between Amal Bank and development organizations and donors to increase youth and women micro-enterprise development. The program integrates vocational/entrepreneurship training and micro-grants to transform competitive and creative business ideas into reality.

Most of the microfinance clients are economically active low-income people and have little or no education at all, the bank understands that it is not enough to provide access to a bank account or credit alone. It is just as crucial, to provide basic financial education to both the existing and potential clients to deepen access to financial services.