cbe

USD
57.2653
58.4106
,
GBP
69.4105
70.7987
,
EUR
61.4457
62.6746
,
CHF
61.4753
63.7048
,
SEK
4.9682
5.0676
,
NOK
4.923
5.0215
,
DKK
7.4564
7.6055
,
DJF
,
JPY
0.3272
0.3337
,
CAD
37.7982
38.5542
,
SAR
13.8141
14.0904
,
AED
14.109
14.3912
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
34.5933
35.2852
,
SDR
,
ZAR
,
CNY
7.1379
7.2807
,
KWD
178.3661
181.9334

awash

USD
57.2653
58.4106
,
EUR
61.4457
62.6746
,
GBP
69.4105
70.7987
,
CHF
61.4753
62.7048
,
SAR
13.8141
14.0904
,
AED
14.109
14.3912
,
CAD
37.7982
38.5542

abyssinia

GBP
69.4105
70.7987
,
CHF
61.4753
62.7048
,
EUR
61.4457
62.6746
,
USD
57.2653
58.4106
,
CAD
37.7982
38.5542
,
AED
14.109
14.3912
,
SAR
13.8141
14.0904
,
SEK
4.9682
5.0676
,
NOK
4.923
5.0215

abay

USD
56.5376
57.6684
,
EUR
61.7956
63.0315
,
GBP
72.289
73.7348
,
CHF
64.3716
65.659
,
AUD
37.3657
38.113
,
AED
15.3911
15.6989
,
CNY
7.8594
8.0166
,
DKK
8.2877
8.4535
,
DJF
0.3166
0.3229
,
INR
0.6826
0.6963
,
JPY
0.3821
0.3897
,
KES
0.4082
0.4164
,
NOK
5.3785
5.4861
,
SAR
15.0739
15.3754
,
ZAR
3.0306
3.0912
,
SEK
5.5156
5.6259
,
SDR
78.118
79.6804

zemen

CAD
41.6356
42.4683
,
EUR
61.3505
62.5775
,
GBP
72.5868
74.0385
,
SEK
5.426
5.5345
,
USD
57.2406
58.3854

buna

nib

GBP
69.4105
70.7987
,
EUR
61.4457
62.6746
,
CHF
61.4753
62.7048
,
USD
57.2653
58.4106
,
CAD
37.7982
38.5542
,
AED
14.109
14.3912
,
SAR
13.8141
14.0904

berhan

wegagen

dgb

USD
57.1651
58.3084
,
GBP
73.1806
74.6442
,
EUR
61.3553
62.5824
,
CHF
63.7221
64.9965
,
CAD
41.5052
42.3353

enat

USD
57.2406
58.3854
,
GBP
72.5868
74.0385
,
CHF
64.4819
65.7715
,
SEK
5.1879
5.2917
,
NOK
5.1733
5.2768
,
DKK
8.1014
8.2634
,
KES
0.4271
0.4356
,
JPY
0.3673
0.3746
,
DJF
0.3181
0.3245
,
CAD
41.1312
41.9538
,
AUD
36.4897
37.2195
,
SAR
15.1424
15.4452
,
AED
15.5162
15.8261
,
ZAR
2.9861
3.0458
,
CNY
7.846
8.0029

addis

nbe

USD
57.2653
57.838
,
GBP
72.6811
72.7098
,
CHF
64.372
64.4009
,
SEK
5.4897
5.4913
,
NOK
5.4398
5.4407
,
DKK
8.2391
8.2396
,
DJF
0.3207
0.3225
,
INR
0.6848
0.6849
,
KES
0.4439
0.4474
,
JPY
0.3616
0.3616
,
CAD
41.766
41.7873
,
AUD
38.2246
38.2475
,
SAR
15.2642
15.265
,
AED
15.59
15.5909
,
EUR
61.4457
61.4686
,
XDR
75.447
75.447
,
ZAR
3.1652
3.1657
,
CNY
7.8872
7.8873
,
KWD
186.7708
186.828

dashen

USD
57.2653
58.4106
,
GBP
69.4105
70.7987
,
CHF
61.4753
62.7048
,
SEK
4.9682
5.0676
,
NOK
4.923
5.02146
,
DKK
7.4564
7.6055
,
JPY
0.3272
0.3337
,
CAD
37.7982
38.5542
,
SAR
13.8141
14.0904
,
AED
14.109
14.3912
,
EUR
61.4457
62.6746
,
DJF
0
0
,
INR
0
0
,
KES
0
0
,
AUD
34.5933
35.2852
,
ZAR
0
0
,
CNY
7.1379
7.2807
,
KWD
178.3661
181.9334
,
AED

oromia

USD
57.2653
58.4106
,
GBP
72.6811
74.1347
,
EUR
61.4457
62.6746
,
CHF
64.372
65.6594
,
SAR
15.2642
15.5695
,
AED
15.59
15.9018

lion

coop

USD
57.2406
58.3854
,
GBP
72.5868
74.0385
,
EUR
61.3505
62.5775
,
AED
15.5825
15.8942
,
SAR
15.2556
15.5607

gadaa

USD
57.0384
58.1792
,
GBP
69.4569
70.846
,
EUR
91.9494
63.1884
,
AED
14.0523
14.3333
,
SAR
13.7631
14.0384
,
CHF
59.61
60.8022

hijra

amhara

tsehay

USD
57.2406
58.3854
,
GBP
69.3204
70.7068
,
EUR
61.3505
62.5775
,
CAD
37.6802
38.4338
,
SAR
13.8063
14.0824
,
AED
14.1022
14.3842

tsedey

USD
57.2653
58.4106
,
EUR
61.4457
62.6746
,
GBP
69.4105
70.7987
,
AED
14.109
14.3912

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 Rating

15% Loan 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

8.4 Rating

13.7% Loan 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.