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Institution

Specialised Financial and Promotional Institution Bole Sub CityAddis AbabaPO Box 10689
Data approved: 2011-12-23
Data version: 1
Age of data: 115 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established1997
Head of InstitutionMr Solomon W.Giorgis
Regions active
# Branches10

Total Portfolio (nat'l)ETB 50,807,161
Total Portfolio (USD)USD 2,761,258.75
Active clients with loans33,342
Approximate % female clients40% - 60%
Approximate % urban clients20% - 40%
Network affiliationsAEMFI
FundersTerrafina Microfinance, SOS Faim, CIDR, UNCDF

Loan Products » Summary

32,000 Borrowers
USD 2,608,695.65 Portfolio
Active Product
1,500 Borrowers
USD 130,434.78 Portfolio
Active Product
100 Borrowers
USD 10,869.57 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loan ETB 100 - 30,000 12 - 30 40% - 60% 40% - 60% Any Purpose Women, Men Credit Educ, Group Mtgs
Individual Loan ETB 10,000 - 120,000 12 - 30 40% - 60% 80% - 100% Any Purpose Women, Men Credit Educ, Business Training
Youth Loan Product ETB 5,000 - 30,000 12 - 24 20% - 40% 80% - 100% Business Women, Men, Specific age group Group Mtgs, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 16.0%-24.0% annual, Flat 0 Fees 0 Ins None 5.0%-10.0% upfront 28.3% - 30.2% 30.6% - 35.2% 47
Individual Loan 16.0%-20.0% annual, Flat 0 Fees 0 Ins None 5.0%-10.0% upfront 29.4% - 30.9% 34.4% - 36% 45
Youth Loan Product 14.0% annual, Flat 0 Fees 0 Ins None 5.0% upfront 25.8% - 25.9% 27.8% - 27.9% 50
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Banco Solidario79,700221,716,0001128
CEPESIU2,000939,0004128
COAC 4 Octubre2,2005,771,0002128
COAC Ambato1,30016,415,0002128
COAC FondVida2,5004,200,0004128
COAC LaBenefica2,5008,482,0006128
COAC MCCH5,30010,020,0002128
COAC Nacional30,70027,129,0002128
COAC San José10,40029,133,0005128
COAC SanAntonio1,0002,384,0003128
COAC SantaAnita2,0002,532,0006128
Codesarrollo14,40040,328,0007128
Coop San Miguel1,8004,754,0005125
CooP VPR7001,052,0004128
Cooprogreso7,90032,244,0004128
Credi Fe100,900380,039,0004128
D^Miro36,90027,692,0009121
DECOF2,200705,0002128
Espoir62,10021,036,0005128
FODEMI28,20012,924,0003128
Fundacion Alternativa4,3005,545,0002128
FUNDAMIC2,0001,468,0002128
INSOTEC7,0006,047,0004128
Luz del Valle6,40011,300,0003128
ProCredit43,800211,941,0002128
PS Ambato5,6002,771,0001128
Caps / Zoom options
Key Statistics
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# Borrowers
Loan Portfolio (USD)
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% Products with one or more fee
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% Products with compulsory deposits
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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