Established on June 2014, Rays Microfinance Institution S.C. was an inception of few individuals that had a deep-rooted desire to contribute to and play a role towards mitigating the vulnerability and poverty of low-income people country in general and in Somali Region in particular. They had a well-developed experience in the areas of business and developmental endeavours, and have good understanding about the contribution and the role of access to finance in mitigate the vulnerability and poverty of low-income people. Thus, they shared their idea to like-minded fellows that gained remarkable acceptance, which in turn led to the establishment of Rays Microfinance Institution S.C.
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