... upgrading life

The requirements to get a loan are credit score, income and employment, debt-to-income ratio, collateral, loan purpose, loan amount and term, citizenship or residence, age, and financial history.

The time it takes for a loan to be disbursed by our institution can vary depending on several factors, including the specific processes, loan amount, documentation requirements, and the borrower's readiness to fulfill those requirements. Some general factors like Application Processing Time, Document Submission and Verification, Loan Approval and Agreement, Collateral Evaluation (if applicable, Disbursement Method, Borrower Readiness.

To reduce the cost of your loans our institution you may need to Improve your creditworthiness, compare interest rates and fees, seek out subsidized programs, develop a positive relationship, etc.

When you become our customer by making an initial deposit of 100 ETB for the account opening book, you unlock a range of benefits. You gain access to various loan options with highly competitive monthly interest rates and the opportunity to open different types of savings accounts that offer attractive interest rates.

You will repay the loan you have taken according to the terms agreed upon at the time of disbursement. The repayment schedule begins from the month immediately following the disbursement and collection will be made at the end of each month until the loan dispersed fully paid up.

The loan repayment period will vary depending on the specific loan products you choose from our offerings. It is also influenced by your personal preferences and your ability to comfortably repay the loan.

Certainly! We provide you with the flexibility to repay and close your loan at any time. Once you decide to do so, you can initiate the loan redemption process and begin a new loan application whenever you desire.

To make changes to your loan application after submission in our institution depends on the specific policies and procedures. Making changes after submission may not always be possible or may be subject to certain limitations like timing, our policies, communication with our staff