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.