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Farming, livestock & fisheries

Badmaal

Fisheries financing

Equipment, boats, nets and cold storage for fishermen and fisherwomen.

Financing amount
$500 – $5,000
Term
6–12 months
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A fisherman holds up his catch on a small boat off the Somali coast

Overview

Badmaal is a specialised product for fishermen and fisherwomen. It finances fishing equipment, boats, nets and cold storage, helping people in the fishery sector increase their catch, improve processing and reach more markets.

What you can finance

  • Boats and fishing equipment
  • Nets
  • Cold storage
  • Processing improvements

Who it’s for

Fishermen, fisherwomen and fishing businesses

Documents

A loan officer will confirm which documents are needed for your application.

How to apply

Apply now or visit your nearest branch. Our team will review your request and contact you.

Questions

Is this financing Sharia-compliant?

Maal Microfinance states that all of its financial products are provided in line with the principles of Sharia. Ask our team how the structure of your financing works.

Does applying online mean my financing is approved?

No. An online application lets our team start an assessment. Every request is reviewed, and the final amount and term depend on that assessment.

Savings & services

Services that support you

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