Access to Capital Crucial to Increasing Business Revenue in Somalia

Getting a Loan in Somalia

Access to capital remains a major obstacle for the private business sector in conflict-affected areas like Somalia. A new report from One Earth Future, drawing on Shuraako data, shows that by far, increased access to capital plays the largest role in increasing business revenues. On average, a one percent increase in loan size offered to businesses boosts monthly revenue by 0.89 percent.

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Also read about Shuraako’s commitment to women entrepreneurs.