Liyu Microfinance Institution S.C
ልዩ ማይክሮፋይናንስ ኢንስቲትዩሽን አ.ማ
Core Values
· Equal treatment of all persons: we respect the rights of all individuals and are
not constrained by any biases.
· Teamwork: we strongly believe that we can only achieve our mutual goals as a
team.
· Integrity: we are honest to our clients.
· Tolerance: there is no tolerance for fraud, late payments and poor performance.
· Training:
belief in the importance of client training in order to maximize their
entrepreneurial potential.
Conditions for Accessing the Loan
· Age Requirement: Applicants must be at least 18 years old and actively engaged in income-generating activities.
· Residency and Identification: Applicants must reside within the operational area of the institution and possess valid identification cards confirming their residency.
· Business Engagement: Those involved in business activities must possess a valid trade license.
· Loan History: Applicants should not have any outstanding or unsettled loans with any financial institution.
· Guarantee or Collateral: Applicants must be able to provide either personal or group guarantees, or collateral as per the institution’s requirements.
· Income Source: Applicants must demonstrate a reliable source of income to ensure repayment of the loan.
· Savings Commitment: Applicants must show willingness to save through upfront and regular savings.
· Good Conduct: Applicants should have good behavior within the community.
Target clients
- Active poor who engage in income generating activities
- Micro and small enterprises operators
- Women
Entrepreneurs
- Small and medium enterprises operators
- Cooperative who engage in business activities
- Employees of well-organized institution
What We Strive For
- Availing financial service to under banked communities
- Enhancing economic and social wellbeing of the society
- Contributing towards economic development endeavors