Yegna Microfinance Institution S.C was established with the primary objective of contributing towards the economic development of the country by providing tailored made financial products and services to esteemed customers with the aim of adding value in the form of wealth creation and profit making.

It is obvious that the Microfinance Industry has got only a history of a bit over three decades in the world but has registered a rampant expansion and now become an important global agenda. The target customer group of micro finance industry is the low-income earning segment of the society. The industry intended to catch and address the financial problems of the low-income group who have the capacity to make business without totally compromising the profitability and sustainability to the industry itself.

There is still a considerable size of the active poor at the lower and middle segments of the economy both in rural and urban areas which are not fully addressed with need-based financial services.  Particularly, those economically active micro, small and medium scale businesses with a potential towards contributing value addition, job creation and income generation throughout the country.

Yegna Microfinance Institution S.C is a Financial Institution licensed by the National Bank of Ethiopia (NBE) Directive number 629/2009 and Amendment Directive number 1164/2019 and registered by Ministry of Trade & Industry Principal Registration. Yegna Microfinance Institution S.C was established with Birr 160 Million initial subscribed capital by energetic founding members and obtained Micro Financing Business License from the National Bank of Ethiopia on December 23, 2021. The company commenced operations in 2022.

Most of the shareholders are individuals, young, educated, experienced, committed and entrepreneurs who can successfully achieve their objectives and make a difference in their economic and social endeavours.

The company works with different stakeholders; the main ones are: governmental and non-governmental organizations, National Bank Ethiopia, Development Bank of Ethiopia, Association of Ethiopian Micro Finance Institutions, Commercial Banks (Government & Private), NGOs, and the like.

The logo has a unique meaning related to the institution’s mission and values reflecting the following ideas: –

• Green Color /Sustainable Growth/: It symbolizes growth with sustainability. The services provided to its customers, especially the lower class of society.
• Hand Symbols Above and Below: The green hands depicted above and below in the logo signify the institution’s support for the lower-income segment of the community and its ability to provide financial assistance.
• Round shape /Financial Inclusiveness/: The logo represents inclusivity and accessibility, highlighting the institution’s efforts to integrate the lower-income community into the conventional financial system.
• ‘Y’ Symbol in the Middle: The white “Y” symbol in the center of the logo is derived from the English word “Yegna,” which signifies belonging.
• White ‘Y’ Color / Aspiration: It represents hope for becoming a significant institution. By providing microfinance services, the institution aims to empower women, youth, and small and medium enterprises.

• Commitment to quality service,
• Continuous improvement,
• Increased outreach,
• Commitment,
• Transparency,
• Responsibility,
• Sustainability,
• Integrity, and
• Ethics.