ETEGE
Yegna MFI provides financial support to women entrepreneurs by offering low-interest, long-term loans for startups and business expansion. These loans are exclusively for women-led enterprises, with interest rates lower than conventional rates. Loan terms range from 12 to 36 months, with repayment on a monthly or quarterly basis.
Youth Development Loan
Aimed at supporting young and productive citizens with financial and technical assistance, this loan is approved exclusively at the head office and focuses on empowering youth entrepreneurs.
Tibeb/Art Loan
TA specialized loan for artists to fund book publishing, music production, and art galleries. Disbursement can be one-time or phased, with a maximum term of 36 months and monthly or quarterly repayments.
Urban Agriculture and Innovation Loan
This loan supports agricultural activities in urban areas, including oxen, poultry, dairy, fattening, animal husbandry, irrigation, land rent, handicrafts, and beekeeping. The loan term ranges from 12 to 36 months, catering to small-scale farmers and agribusinesses.
Public Association Loan
Yegna MFI collaborates with governmental institutions and public associations (Eder, Shemachoch, Equib) to provide low-interest loans. Loan size is based on customer savings, capped at 1% of MFI’s capital, and requires 150% collateral coverage. Terms range from 1 to 24 months, with monthly or quarterly repayments.
Why Developmental Financing is Crucial
YMFI's Development Finance Initiative plays a vital role in promoting financial inclusion for underserved communities. By addressing key challenges in cash liquidity, training resources, and risk-sharing partnerships, we ensure sustainable growth and effectively support Ethiopia's marginalized groups in achieving economic empowerment.
Critical Strengths in Development Finance:
- Promotes inclusive economic growth
- Targets underserved market segments
- Drives sustainable development goals
- Strengthens community resilience
Partners in Development Finance
Our Development Finance Products
Urban Agriculture Loan
Boosts green initiatives and urban farming projects
Etege (Women's Finance)
Targets female entrepreneurs with favorable terms
Eshete (Youth Loan)
Empowers young entrepreneurs to establish businesses
Disability Loan
Financial inclusion for entrepreneurs with disabilities
Green Energy Loan
Supports sustainable energy adoption
Innovation Startup Loan
Funds innovative new business ventures
Public Association Loan
Funds social development and community projects
Water & Sanitation Loan
Improves access to clean water and facilities
Idea Financing
Turns innovative ideas into viable businesses
Our Financing Process
Consultation
Initial needs assessment and project evaluation
Application
Submit required documents and business plan
Approval
Fast-track underwriting and risk assessment
Disbursement
Funds released for project implementation
Success Stories
Addis Urban Farm
Used Urban Agriculture Loan to establish hydroponic farming
Green Energy Startup
Solar panel installation with Green Energy Loan
Women's Textile Cooperative
Etege financing for equipment and training