- Will steer 10 billion Br to small- and medium-size enterprises, four billion Birr to finance smartphones and other devices, and 1.3 billion Br to micro-credit.
- Borrowers can seek unsecured loans of up to 130,000 Br or pledge collateral for facilities as large as 1.2 million Br.
- Personal loans range from 5,000 to 30,000 Br and can be repaid in as little as five days or as long as 45 days.
- Salary-based credit tops out at one million Birr and is earmarked for roughly 500,000 employees, while device financing offers up to 30,000 Br with a 20pc facilitation fee.
News - Financial
Sinqee Bank and Ethio telecom signed a 15 billion Br agreement to roll out “Wabii Digital Finance”
