Find the best lenders in Ethiopia for your needs

Addis Credit & Saving Institution S.C. (ADCSI) is one of Ethiopia's largest microfinance institutions (MFIs). Established in 1997 by the Addis Ababa City Administration, ADCSI was created to improve financial inclusion by providing affordable credit and savings services to low-income households, micro and small enterprises (MSEs), women entrepreneurs, youth, and informal businesses. The institution is licensed and supervised by the National Bank of Ethiopia (NBE) and operates an extensive branch network across Addis Ababa. According to African Development Bank data, ADCSI serves approximately 200,000 customers through 138 branches with a loan portfolio of about €52 million.

Amount

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Tenor

-

Min. approval time

24 hrs

Countries

Interest rate

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Oromia Credit & Saving Share Company (OCSSCO) is one of Ethiopia's largest microfinance institutions (MFIs). Established in 1997 (following its origins as the Oromo Self Help Organization in 1996), OCSSCO was created to expand access to financial services for low-income households, farmers, micro and small enterprises (MSEs), women, and rural communities. The institution operates primarily in the Oromia Regional State, with additional operations in Addis Ababa, Dire Dawa, and Harari. It is licensed and supervised by the National Bank of Ethiopia (NBE) and has grown into one of the country's largest MFIs, serving hundreds of thousands of borrowers through an extensive branch network.

Amount

ETB 3,000 - ETB 0

Tenor

-

Min. approval time

24 hrs

Countries

Interest rate

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Telebirr is a mobile money platform developed by Ethio Telecom, designed to provide fast, secure, and convenient financial services to individuals and businesses across Ethiopia. With a mission to promote financial inclusion, Telebirr enables users to send and receive money, pay bills, buy airtime, and access microloans—all from their mobile phones. Their microloan service enables users to take out small loans without requiring collateral. The service is based on the user's credit score, providing a convenient and accessible lending option for individuals seeking short-term financial assistance.

Amount

ETB 5 - ETB 10,000

Tenor

1 - 90 days

Min. approval time

24 hrs

Countries

Interest rate

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BRED Bank Cambodia combines international banking standards with a unique Cambodian experience. As the only EU bank in the country, it offers tailored products and services for businesses and individuals, backed by the expertise of its parent company, BRED Banque Populaire, part of France's BPCE Group.

Amount

US$100 - US$15,000

Tenor

6 - 240 months

Min. approval time

24 hrs

Countries

Interest rate

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Michu is an AI-powered digital lending solution that offers individuals and enterprises access to credit through an innovative credit scoring system. Michu positions itself as a secure, fast, and fully digitized lending platform, with easy repayment methods designed to enhance the borrowing experience.

Amount

ETB 2,000 - ETB 100,000

Tenor

7 - 30 days

Min. approval time

24 hrs

Countries

Interest rate

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Apollo App, a digital bank powered by Bank of Abyssinia, enables users to open accounts entirely online through a seamless digital onboarding process from the comfort of their homes. The platform offers a convenient, fully remote banking experience.

Amount

ETB 0 - ETB 120,000

Tenor

1 - 24 months

Min. approval time

24 hrs

Countries

Interest rate

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M-Shwari is a savings and loan service available to M-PESA customers. It allows users to save as little as Kshs. 1 and access credit starting from Kshs. 1,000. This service provides a convenient way for individuals to manage savings while accessing small loans without collateral.

Amount

KSH 1,000 - KSH 1,000,000

Tenor

1 - 12 months

Min. approval time

24 hrs

Countries

Interest rate

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MNT-Halan was created to digitally bank the unbanked and substitute cash with electronic solutions. With a diversified portfolio of services and innovative solutions; including digital payment solutions: mobile wallets and cards.

Amount

EGP 2,000 - EGP 5,000,000

Tenor

12 - 36 months

Min. approval time

24 hrs

Countries

Interest rate

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Also referred to as the pan-African bank, Ecobank Senegal is an African bank for Africans. Their objectives are to enable a modern pan-African bank to thrive and to contribute to the economic development and financial integration of the continent.

Amount

F CFA 50,000,000 - F CFA 150,000,000

Tenor

12 - 120 months

Min. approval time

24 hrs

Countries

Interest rate

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