To be one of the top three leading MFIs in Ethiopia by 2027.


Inspiring the target market through providing fast, quality, affordable and need based financial services to change their lives.

Fundamental Objective

The fundamental objective of LMFI is to enhance the socio-economic empowerment of underprivileged people and entrepreneurs both in rural and urban Ethiopia with special focus to women through increased access to financial services while ensuring sustainability of the institution.

Company Profile

The former Specialized Financial and Promotional Institution (SFPI), currently rebranded as Liyu Microfinance Institution S.C (LMFI), began operations in June 1998, after receiving a business license from the National Bank of Ethiopia (NBE) in 25 November 1997. According to Ethiopian legislation, LMFI was established as a share company and provided a license to deliver microfinance services all over the nation. In an effort to fight poverty, the institution was established to offer both financial and non-financial services. LMFI was initially founded by five shareholders with paid-up and subscribed capitals of two hundred thousand and eight hundred thousand Birr, respectively. However, the number of shareholders progressively expanded to 11, the share capital of the company reached ten million, and the legal reserve now stands at two million.


LMFI began operating in Addis Ababa with 4 fully functional branches and steadily expanded its financial services over 3 regions and one city administration, namely Oromia, Amhara, and South Nations, Nationalities, and Peoples (SNNPs) National Regional States, as well as the Addis Ababa city, to reach 30 branch offices and 14 sub branch offices currently.

Core Values

  • F Professionalism: our services are delivered in a professional manner.

    F Tolerance: there is no tolerance for fraud, late payments and poor performance.

    F Dedication: our personnel are committed to their jobs and devoted to the firm.

    F Responsibility: we are accountable to our clients, our firm, our employees, and the environment.

    F Constant quest for improvement: we always progress and become stronger by learning.

    F Teamwork: we think that we can only achieve our mutual goals as a team.

    F Equal treatment of all persons: we respect the rights of all individuals and are not constrained by any biases.

    F Training: belief in the importance of client training in order to maximize citizens’ entrepreneurial potential.

    F  Transparency: our work is transparent both within the institution and to the public at large. 

Board Members

Mr. Ayele Bogale


Abiyot Weldeyesus


Fekadu Tsega


Solomon Yehualashet


Mengistu Meharu


Management Team

Mr. Anbessie Chaka

Chief Executive Officer /CEO/

Mr. Zelalem Mengesha

Chief Operations Officer /COO/

Mr. Hunde Chernet

Director, Internal Audit Department

Mr. Habtamu Ketsela

Director, HR & Admin Department

Mr. Shumie Waktola

Director, Finance & Accounts Department

Mr. Melese Girma

Director, Saving Department

Mr. Getachew Kassahun

Director, Credit Department

Mr. Muluneh Petros

Director, Marketing BD & Planning Department

Mr. Dagmawi Yonnas

Director, Legal & Contract Admin Department

Mrs. Berhane Sisay

Director, ICT Department

Our Partners