cbe

USD
56.3778
57.5054
,
GBP
67.791
69.1468
,
EUR
60.8824
62.1
,
CHF
61.0648
62.2861
,
SEK
4.9117
5.0099
,
NOK
4.8688
4.9662
,
DKK
7.3921
7.5399
,
DJF
0.3158
0.3221
,
JPY
0.3396
0.3464
,
CAD
37.8192
38.5756
,
SAR
13.6041
13.8762
,
AED
13.8911
14.1689
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
33.4448
34.1137
,
SDR
,
ZAR
,
CNY
7.0913
7.2331
,
KWD
174.8588
178.356

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

GBP
67.791
69.1468
,
CHF
61.0648
62.2861
,
EUR
60.8824
62.1
,
USD
56.3778
57.5054
,
CAD
37.8192
38.5756
,
AED
13.8911
14.1689
,
SAR
13.6041
13.8762
,
SEK
4.9117
5.0099
,
NOK
4.8688
4.9662

abay

USD
56.3677
57.4951
,
EUR
60.7418
61.9566
,
GBP
71.1248
72.5473
,
CHF
63.9815
65.2611
,
AUD
36.8476
37.5846
,
AED
15.3465
15
,
CNY
7.8307
7.9873
,
DKK
8.1483
8.3113
,
DJF
0.3157
0.322
,
INR
0.6783
0.6924
,
JPY
0.3753
0.3833
,
KES
0.3887
0.3965
,
NOK
5.365
5.4723
,
SAR
15.0294
15.33
,
ZAR
2.9677
3.0271
,
SEK
5.4037
5.5118
,
SDR
74.6759
76.1694

zemen

CAD
41.7892
42.625
,
EUR
60.8824
62.1
,
GBP
70.9853
72.405
,
SEK
5.4273
5.5358
,
USD
56.3778
57.5054

buna

nib

GBP
67.791
69.1468
,
EUR
60.8824
62.1
,
CHF
61.0648
62.2861
,
USD
56.3778
57.5054
,
CAD
37.8192
38.5756
,
AED
13.8911
14.1689
,
SAR
13.6041
13.8762

berhan

wegagen

USD
56.1663
57.2896
,
GBP
67.9979
69.3579
,
EURO
60.9124
62.1306
,
CAD
37.9021
38.6601
,
AUD
33.5177
34.1881
,
CHF
60.8664
62.0837
,
SEK
4.8361
4.9328
,
NOK
4.6333
4.726
,
DKK
7.3141
7.4604
,
DJF
0.3128
0.3191
,
INR
0.6693
0.6827
,
KSH
0.3636
0.3709
,
JPY
0.3477
0.3547
,
SAR
13.4673
13.7366
,
AED
13.7552
14.0303
,
ZAR
3.1723
3.2357
,
CNY
7.0448
7.1857
,
KWD
172.7992
176.2552

dgb

USD
56.3778
57.5054
,
GBP
70.9853
72.405
,
EUR
60.8824
62.1
,
CHF
63.9422
65.221
,
CAD
41.7892
42.625
,
AUD
36.9556
37.6947
,
SEK
5.4273
5.5358
,
NOK
5.3799
5.4875
,
DKK
8.1681
8.3315
,
DJF
0.3158
0.3221
,
INR
0.6794
0.693
,
KSH
0.3861
0.3938
,
JPY
0.3753
0.3828
,
SAR
15.0321
15.3327
,
AED
15.3493
15.6563
,
ZAR
2.9646
3.0239
,
CNY
7.8357
7.9924
,
KWD
183.0982
186.7602

enat

addis

nbe

dashen

USD
56.3778
57.5054
,
GBP
67.791
69.1468
,
CHF
61.0648
62.2861
,
SEK
4.9117
5.0099
,
NOK
4.8688
4.9662
,
DKK
7.3921
7.5399
,
JPY
0.3396
0.3464
,
CAD
37.8192
38.5756
,
SAR
13.6041
13.8762
,
AED
13.8911
14.1689
,
EUR
60.8824
62.1
,
DJF
,
INR
,
KES
,
AUD
33.4448
34.1137
,
ZAR
,
CNY
7.0913
7.2331
,
KWD
174.8588
178.356
,
AED

oromia

USD
55.4509
56.5599
,
EUR
58.7724
59.9478
,
GBP
64.394
65.6819
,
SAR
13.3775
13.6451
,
CHF
59.3141
60.5004
,
AED
13.662
13.9352

lion

USD
56.3778
57.5054
,
GBP
67.791
69.1468
,
EUR
60.8824
62.1

coop

USD
56.3778
57.5054
,
GBP
70.9853
72.405
,
EUR
60.8824
62.1
,
SAR
15.0321
15.3327
,
AED
15.3493
15.6563

gadaa

USD
56.3677
57.4951
,
GBP
67.9242
69.2827
,
EUR
60.7418
61.9566
,
AED
13.8886
14.1664
,
SAR
13.6016
13.8736
,
CHF
61.1023
62.3243

hijra

EUR
61.5525
62.7836
,
USD
56.0843
57.206
,
GBP
71.5355
72.9662
,
AED
15.2681
15.5735
,
CAD
41.9322
42.7708
,
SAR
14.9478
15.2468

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

7.6 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 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.