Our Vision

“To build a financially included nation through affordable, accessible, client-responsive, demand-driven financial products and services”

Our Mission

“To develop the financial and related sectors by ensuring affordable client-responsive financial products and services in an enabling environment through an improved legal regulatory and institutional framework, better knowledge, and products available throughout the market”

ABOUT US

WHO WE ARE

Financial Sector Deepening Somalia (FSD Somalia) is a non-profit organization dedicated to promoting financial inclusion and access to finance in Somalia. Our mission is to develop the financial and related sectors by ensuring affordable client-responsive financial products and services in an enabling environment through an improved legal regulatory and institutional framework, better knowledge, and products available throughout the market.

WHAT WE AIM FOR

OUR OBJECTIVES

1. To engage in the business of deepening the financial sector.
2. To promote financial inclusion and financial literacy, particularly among the poor, women, youth, and people with special needs.
3. To engage in research and development activities relating to the financial and related sectors.
4. To enable innovation and knowledge sharing related to financial inclusion.
5. To enhance collaborative behavior and financing across the market.
6. To facilitate an enabling environment through appropriate legal, regulatory & policy frameworks.
7. To provide technical assistance and advisory services to the financial sector in Somalia.
8. To engage with other financial sector deepening organizations in Africa and internationally for mutual collaboration and resources.
9. To do all such other things as are incidental or conducive to the attainment of the above objects.

person holding pencil near laptop computer
What Drives Us

OUR MOTTO & CORE VALUES

Motto: “Building a Financially Included Nation”

Values: 

  1. Accountability & Transparency: To ensure a high level of integrity, FSD Somalia has created a system of internal checks and balances inbuilt within the structure with the board of directors taking precedence.
  2. Technology & Innovation: FSD Somalia promotes innovation through the use of technology to ensure agility in meeting the financial needs of the Somali population.
  3. Equality: FSD Somalia promotes all-inclusive access to financial products and services for all human beings, regardless of social status or geographical location.
  4. Outreach: FSD Somalia aims to ensure access to financial products and services to all, especially those who are traditionally underserved.
  5. Strategic Partnerships: FSD Somalia forges collaborations with key stakeholders including financial institutions, regulatory policymakers, and civil society organizations to create a collaborative and comprehensive financial sector deepening profile in Somalia.