About this document
Micro-Financing Institutions Overview by Bekele Demissie is a document available to read on EtoBox.
Micro-financing institutions provide small loans, accept small savings, and offer other financial services to poor people. In Ethiopia, they extend credit up to 5000 birr with maximum one year terms and accept savings deposits. Their clients are typically self-employed entrepreneurs like small farmers or those in food processing, petty trade, or urban services. Services include credit, savings, money transfers, and training. Compared to banks, they have simpler procedures, replace collateral with group guar
- Author
- Bekele Demissie
- Language
- EN