| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1997 |
| Head of Institution | Mr Solomon W.Giorgis |
| Regions active | |
| # Branches | 10 |
| Total Portfolio (nat'l) | ETB 50,807,161 |
| Total Portfolio (USD) | USD 2,761,258.75 |
| Active clients with loans | 33,342 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | AEMFI |
| Funders | Terrafina Microfinance, SOS Faim, CIDR, UNCDF |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | ETB 100 - 30,000 | 12 - 30 | 40% - 60% | 40% - 60% | Any Purpose | Women, Men | Credit Educ, Group Mtgs | |||||||
| Individual Loan | ETB 10,000 - 120,000 | 12 - 30 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men | Credit Educ, Business Training | |||||||
| Youth Loan Product | ETB 5,000 - 30,000 | 12 - 24 | 20% - 40% | 80% - 100% | Business | Women, Men, Specific age group | Group Mtgs, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | 16.0%-24.0% annual, Flat | 0 Fees | 0 Ins | None | 5.0%-10.0% upfront | 28.3% - 30.2% | 30.6% - 35.2% | 47 | ||||||||
| Individual Loan | 16.0%-20.0% annual, Flat | 0 Fees | 0 Ins | None | 5.0%-10.0% upfront | 29.4% - 30.9% | 34.4% - 36% | 45 | ||||||||
| Youth Loan Product | 14.0% annual, Flat | 0 Fees | 0 Ins | None | 5.0% upfront | 25.8% - 25.9% | 27.8% - 27.9% | 50 |
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