Payments & family supportTanaad
Tanaad family payment programme
Make one annual payment and Maal Microfinance distributes monthly payments to the people you support — at home or abroad.
Learn morePayments & family support
Taakulo
Taakulo programme
Your support, increased by 25% and reinvested again and again.
Overview
The Taakulo Program lets individuals who want to help family members, friends or community members deposit funds intended as financial support.
Whatever amount is deposited makes up 75% of the total assistance, and Maal Microfinance contributes an additional 25%. The combined funds are provided as a revolving loan: once one cycle is completed, the capital is reinvested to support others in need, creating a sustainable and continuous system of support.
How it works
- 1
Step 1
Deposit your support
You deposit the amount you want to give as support for someone in Somalia.
- 2
Step 2
Maal adds 25%
Your deposit forms 75% of the assistance; Maal Microfinance contributes the remaining 25%.
- 3
Step 3
A revolving loan
The combined funds are provided as a revolving loan and, once repaid, are reinvested to support others.
What it offers
- Your deposit75% of the total assistance.
- Maal MicrofinanceAdds a further 25%.
More services
- Payments & family support
Payments & family supportForeign Exchange
Foreign exchange services
Currency exchange for individuals, businesses and organisations.
Learn more
Savings & investmentTooko
Tooko savings service
An adaptation of the traditional Ayuuto/Hagbad system that builds a culture of saving and investment among low-income individuals and small business owners.
Learn more