In 2016, the port city of Kismayo received more 25,000 refugees who returned to Somalia from Dadaab refugee camp in Kenya.
These returnees are in dire need of shelter, health, education, protection and livelihoods support. Youth are particularly vulnerable in this environment and a lack of support leaves them at risk of being recruited into militia groups or criminal activities or consider irregular migration.
Working closely with UNHCR and the American Refugee Committee, KIMS has provided training and start-up micro- credit to help more than 550 youth returnees set up micro- enterprises via a dedicated revolving credit facility. Businesses include retail shops selling foodstuffs, garments and fashion items. Some of the returnee young women are engaged in the food processing sector and small-scale restaurants.
KIMS is also providing financing support to the fisheries sector in Kismayo including loans to fisheries cooperatives, fisheries related businesses such as boat building and repair, netmaking, fish processing, packing and distribution.
Through these loans KIMS has facilitated the hiring of an additional 450 returnee youth into the growing fisheries sector.
KIMS refugee focused active portfolio now stands at more than $550,000.
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