cbe

USD
55.2124
56.3166
,
GBP
64.4967
65.7866
,
EUR
58.7184
59.8928
,
CHF
57.9363
59.095
,
SEK
4.5316
4.6222
,
NOK
4.6506
4.7436
,
DKK
7.1279
7.2705
,
DJF
0.3092
0.3154
,
JPY
0.3362
0.3429
,
CAD
37.1227
37.8652
,
SAR
13.3203
13.5867
,
AED
13.6031
13.8752
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
32.1139
32.7562
,
SDR
,
ZAR
,
CNY
6.8347
6.9714
,
KWD
170.5482
173.9592

awash

EUR
56.5106
57.6408
,
GBP
64.5257
65.8162
,
JPY
0.4037
0.4118
,
CHF
57.4629
58.6122
,
SAR
14.1527
14.4358

abyssinia

abay

USD
55.2124
56.3166
,
EUR
58.7184
59.8928
,
GBP
67.5358
68.8865
,
CHF
60.6663
61.8796
,
AUD
35.485
36.1947
,
AED
15.0311
15.3317
,
CNY
7.5522
7.7032
,
DKK
7.8761
8.0336
,
DJF
0.3092
0.3154
,
INR
0.664
0.6773
,
JPY
0.3715
0.3789
,
KES
0.3737
0.3812
,
NOK
5.1388
5.2416
,
SAR
14.7186
15.013
,
ZAR
2.946
3.0049
,
SEK
5.0073
5.1074
,
SDR
72.654
74.1071

zemen

CAD
41.0196
41.84
,
EUR
58.7184
59.8928
,
GBP
67.5358
68.8865
,
SEK
5.0073
5.1074
,
USD
55.2124
56.3166

buna

USD
54.778
55.8736
,
EUR
60.4201
61.6285
,
GBP
67.3216
68.668
,
AED
13.4962
13.7661
,
SAR
13.2148
13.4791
,
CAD
37.5106
38.2608
,
CNY
6.9339
7.0726
,
USD
7.3374
7.4841
,
EUR
4.7259
4.8204
,
GBP
60.0815
61.2831
,
AED
0.3485
0.3555
,
SAR
4.8953
4.9932
,
CAD
170.2997
173.7057
,
CNY
33.2543
33.9194

nib

GBP
64.4967
65.7866
,
EUR
58.7184
59.8928
,
CHF
57.9363
59.095
,
USD
55.2124
56.3166
,
CAD
37.1227
37.8652
,
AED
13.6031
13.8752
,
SAR
13.3203
13.5867

berhan

wegagen

USD
55.1843
56.288
,
GBP
65.3387
66.6455
,
EURO
59.0472
60.2281
,
CAD
37.1702
37.9136
,
AUD
32.2574
32.9025
,
CHF
58.7918
59.9676
,
SEK
4.4943
4.5842
,
NOK
4.6479
4.7409
,
DKK
7.1688
7.3122
,
DJF
0.3093
0.3155
,
INR
0.6629
0.6762
,
KSH
0.3749
0.3824
,
JPY
0.3382
0.345
,
SAR
13.3139
13.5802
,
AED
13.5955
13.8674
,
ZAR
3.1723
3.2357
,
CNY
6.8493
6.9863
,
KWD
170.6195
174.0319

dgb

USD
55.2124
56.3166
,
GBP
67.5358
68.8865
,
EUR
58.7184
59.8928
,
CHF
60.6663
61.8796
,
CAD
41.0196
41.84
,
AUD
35.485
36.1947
,
SEK
5.0073
5.1074
,
NOK
5.1388
5.2416
,
DKK
7.8761
8.0336
,
DJF
0.3092
0.3154
,
INR
0.664
0.6773
,
KSH
0.3737
0.3812
,
JPY
0.3715
0.3789
,
SAR
14.7186
15.013
,
AED
15.0311
15.3317
,
ZAR
2.946
3.0049
,
CNY
7.5522
7.7032
,
KWD
178.5845
182.1562

enat

USD
53.1422
54.205
,
GBP
62.1342
63.3769
,
CHF
0
0
,
SEK
0
0
,
NOK
0
0
,
DKK
0
0
,
KES
0
0
,
JPY
0
0
,
DJF
0
0
,
CAD
0
0
,
AUD
0
0
,
SAR
0
0
,
AED
0
0
,
ZAR
0
0
,
CNY
0
0

addis

nbe

KWD
126.8085
129.34467
,
CNH
5.6258
5.738316
,
ZAR
2.6751
2.728602
,
AED
9.9063
10.104426
,
SDR
57.7908
58.946616
,
EUR
48.4016
49.369632
,
CAD
28.7765
29.35203
,
AUD
28.3265
28.89303
,
JPY
0.3389
0.345678
,
SAR
9.7001
9.894102
,
INR
0.5525
0.56355
,
DJF
0.2234
0.227868
,
KES
0.3664
0.373728
,
DKK
5.8896
6.007392
,
NOK
4.2714
4.356828
,
SEK
4.3114
4.397628
,
CHF
41.5822
42.413844
,
GBP
53.539
54.60978

dashen

USD
55.2124
56.3166
,
GBP
64.4967
65.7866
,
CHF
57.9363
59.095
,
SEK
4.5316
4.6222
,
NOK
4.6506
4.7436
,
DKK
7.1279
7.2705
,
JPY
0.3362
0.3429
,
CAD
37.1227
37.8652
,
SAR
13.3203
13.5867
,
AED
13.6031
13.8752
,
EUR
58.7184
59.8928
,
DJF
,
INR
,
KES
,
AUD
,
ZAR
,
CNY
,
AED

oromia

USD
53.3285
54.3951
,
EUR
56.7522
57.8872
,
GBP
64.2235
65.508
,
SAR
14.185
14.4687
,
CHF
57.398
58.546
,
AED
14.5198
14.8102

lion

USD
55.2124
56.3166
,
GBP
64.4967
65.7866
,
EUR
58.7184
59.8928

coop

USD
55.208
56.3122
,
GBP
67.6574
69.0105
,
EUR
58.8131
59.9894
,
SAR
14.7182
15.0126
,
AED
15.0291
15.3297

gadaa

hijra

EUR
59.0833
60.265
,
USD
54.2297
55.3143
,
GBP
64.8713
66.1687
,
AED
13.3629
13.6302
,
KWD
168.8489
172.2259
,
SAR
13.3629
13.3481

Loan Offer in Ethiopia (Update for 2023) - Banks Ethiopia

Loan Offer in Ethiopia

Loan offer in Ethiopia through the collaboration of MasterCard Foundation, Financial Institutions, and Governmental and Non-governmental Institutions has established.

The Mastercard Foundation Ethiopia and First Consult have joined forces to provide loan offers in Ethiopia also launch the MSEs Resilience Facility.

Helping micro and small-sized enterprises in Ethiopia that was hit by the impact of the COVID-19 pandemic, the loan offer program is such a game changer. The amount and type of support that is provided by the  plan will vary based on the size of the enterprise and its needs.

Through MasterCard foundation, this COVID-19 Recovery and resilience strategy initially make a commitment of 2 million USD from the program, this will help solvent MSEs keep their employees and create new work opportunity in the wake of the COVID-19 crisis.

In fact, loan offer in Ethiopia program will rescue 24000 MSEs (20000 Micro and 4000 Small Enterprises from collapsing and rescue more than 50000 jobs from cut back. The facility consists of investment committees, master card foundation representatives, and job creation commission, as a first consultancy.

The program will be monitored and implemented using the collaboration of the following institutions:

Loan Offer in Ethiopia Collaborators

1, The Mastercard Foundation

MasterCard in Ethiopia

Mastercard Foundation is an international non-governmental organization established in Canada in 2006 by Mastercard.

With the help of its Young Africa Works initiative, the Mastercard Foundation focuses on helping young people in Africa access opportunities by advancing education and financial inclusion opportunities.

2, Ethiopian, Jobs Creation Commission

Ethiopian Jobs Creation Commission, established in 2018, is mandated to lead the national job creation agenda, coordinate stakeholders, as well as monitor and evaluate performance.

3, First Consult Firm in the Nation of Ethiopia

First Bank Consult

First Consult Firm is a leading consulting firm in Ethiopia specializing in the delivery of effective and business-oriented solutions like loan offer in Ethiopia to organizations in the development, business, finance, and investment sectors.

4, Awash Bank  

Awash Bank is a bank that has thrived over 25 years in a rapidly evolving market and economy. Having grown from humble beginnings with visionary intent, the bank has expanded through a combination of substantial organic growth and an enhanced customer service experience.

Awash Bank

Awash Bank

8.2 Rating

7% Saving Interest

Banking and Services for micro finance institutions

School Tution Fee Collection Services

Lucy Women's Saving

Business Banking

Plenty of business banking choices

5, Dashen Bank.

Dashen Bank coined its name from the highest peak in Ethiopia, mount Dashen, and aspires to set new heights through the delivery of unparalleled banking services including loan offer in Ethiopia. Dashen is among the biggest private Banks in Ethiopia.

Dashen Bank

Dashen Bank

8.6 Rating

7% Saving Interest

Amole Wallet

Gold debit card

Green card

Dube Ale , Amole Digital Banking

Pay from your mobile

6, Kifiya Financial Technology PLC

 

lone in ethiopia colabrator

Kifiya Financial Technology PLC is an E Commerce and digital payment services’ provider which leverages innovative technology to build and enable distribution channels that make financial and non-financial services accessible and affordable.

7, The Investment Commitee

The investment committee is a committee which comprises eight members, making sure that there is no biases are in place to make decision, implementation process integrity and maintained. It’s objectives are parallel or aligned with government prime concern, they are also advisory and sturdy.

Lone Offer in Ethiopia Beneficiaries

On loan offer in Ethiopia, the beneficiaries are micro and small enterprise functioning in Addis Abeba. They are the targeted beneficiaries because due to lockdown and fast transmission of covid 19 as compared to other cities.

Additionally, it’s assumed that due to the above factors, MSEs in Addis Ababa are vulnerable to covid 19 and face difficulties to sustain their business with adequate support. Also,, businesses run by women will be prioritized

Necessary documents

  1. Residence(kebele Id)
  2. Marriage status certificate, if applicants are single the issue date should not be greater than 6 month
  3. financial statement
  4. Rental contracts
  5. Tax clearance
  6. Tax identification (tin no)
  7. Business license

Elegiblity

  • Priority will be given to women oriented and youth-centered businesses
  • Applicants must work in Addis Abebe or must have Kebele ID
  • Enterprise must operate at least for a year or so
  • Enterprises must be either micro or macro

Where to apply

Applicants can apply using the application form through the dedicated web portal on www.ethiomsefund.com or get support from Awash and Dashen bank Addis Abeba branches.