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Wanchi Ija Ecologde...
QV7J+HXJ, Ethiopia...
Eshet Microfinance Institution (EMFI) was established in the year 2000 G.C. in accordance with proclamation number 40/96 and registered again by the amended proclamation number 626/2009 issued for licensing and supervision of microfinancing institutions in Ethiopia. The Institution has secured a business license from the National Bank of Ethiopia and a certificate of registration from both Addis Ababa City Administration and Oromia Region of Trade Industry and Tourism Bureau. The initial capital was Birr 225,000.00.
The establishment of Eshet MFI was initiated by a local NGO, named ERSHA (Enhanced Rural Self-Help Association) that had been providing an integrated rural development program including saving and credit as one of its core development intervention strategies. Thus, ERSHA is the main founder of Eshet MFI while some individuals that are willing to support the development goals of the NGO have been designated to administer the share company. Thus, at the inception, ERSHA and five individuals were registered as founding nominal shareholders. However, currently, the number of nominal shareholders has increased to 20 through the transfer of shares from the founding shareholders. The paid-up capital of Eshet has increased to Birr 10 million as of June 30, 2022.
Head Quarter: Addis Ababa
Phone No: +251-113206451/52, +251-902481762
Fax: +251-113206452
Establishment Date: 09/04/1997
P.O Box: 23923/1000
Website: https://eshetmfi.com/
September, 2024
Wednesday
August 26,2019
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QV7J+HXJ, Ethiopia...
