Finance for Inclusive Growth in Somalia

Mobile app has transformed my record-keeping and my business is more organised

“My name is Sahra Ali Yusuf, and I sell fish sell fish in this market. I used to have a book where I would write my daily transactions, but I could not keep it for long because it easily comes in contact with water so I don’t use it anymore.” Sahra is among several traders in Mogadishu who have benefitted from the use of KBOOK, an app which helps

traders capture all their transactions and easily monitor the performance of their business.

Sahra was among the traders who received training on how to use KBOOK app from Kaaliye Consulting Group (KCG) which developed the app. KCG operates the FIG-Somalia programme to provide business development services to target groups. The app which is available for Android and Apple devices caters to a diverse range of MSMEs,

providing them with customized and user-friendly solutions to enhance their financial management, capacity building,

and access to finance, ultimately fostering their growth and success in the business landscape. Sahra says since she started using the app, her business has been organised and she can be able to account for every transaction. The app allows users to record their daily inventory, sales and expenditures. The user can also access profit and loss reports, receivables, balance and payables.

Sahra Ali Yusuf

“They (KCG) explained to me how to use the app and within a short time I was able to use it with ease,” Sahara says.

Once she arrives from the beach where she gets her fish, Sahra enters the number of the fish she bought into the app in addition to the cost. By close of business, at the convenience of her phone, she’s able to see how her business performed. “In the past, we used to keep records on books but not regularly. Now it is easy to keep tabs on

what is going on in the business.” Sahra says the records are secure and orderly. She adds that she recommends it to everyone who is in business.

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