Tesfa Microfinance Institution's Diverse Loan Products
We provide a wide range of Services
Consulting Service
To provide training around small business, business plan, and financial management based on the needs of clients
To provide counseling services on areas of marketing, appropriate usage of technology etc.
Share sales
The price of 1 share is 1000 Birr (One thousand birr) and it can be purchased starting from 5 shares, that is, 5000 birr (Five thousand birr).
- For an individual, from 5 shares or 5000 (five thousand), the maximum of 100 shares will be birr 100,000.00 (One hundred thousand).
- For churches and institutions, it will be from 25 shares 25,000 birr (twenty five thousand birr) to 1000 shares, that is, 1,000,000 birr (one million birr).
5% of Service Charge will be added to total Share
Shareholders will take share certificate as per the completion of their full payment by sending the bank deposit slip/receipt and renewed ID/ or passport to us.
The share payment can be made using Berhan Bank account number: 1601090069289, Commercial Bank of Ethiopia (CBE): 1000460266778 and Awash Bank: 013221196199401, by filling share application form from the branch and our agents.
Tesfa Microfinance Showcase
Discover the Tesfa Microfinance Showcase: A visual journey showcasing the impact of our services on individuals and communities. Explore stories of empowerment and prosperity as we continue to make a difference through financial inclusion.
How can we help you?
At Tesfa Microfinance, we’re here to assist you. Let us know how we can support your financial goals, whether it’s starting a business, saving for the future, or accessing financial training.
Agribusiness Loan
This specialized loan supports a wide range of agricultural ventures, including urban agriculture, livestock rearing, beekeeping, and other agribusiness activities. Whether you're a smallholder farmer or a budding agricultural entrepreneur, Tesfa Microfinance Institution provides the financial assistance needed to thrive in the agricultural sector.
Agricultural Loan
Our agricultural loans are tailored to facilitate the purchase of essential agricultural inputs such as fertilizers, improved seeds, pesticides, and farm animals. By providing access to these resources, Tesfa Microfinance Institution empowers farmers to enhance productivity and yield, contributing to food security and rural development.
Petty Trades Loan
Entrepreneurs engaged in various petty trading activities, including coffee, grains, vegetables, fruits, livestock, and retail businesses, can benefit from our petty trades loan. With flexible repayment terms and competitive interest rates, Tesfa Microfinance Institution supports traders in expanding their businesses and increasing their income generation capacity.
General/Consumption Loan
Individuals seeking financial assistance for personal needs such as furniture, education expenses, household items, and more can avail themselves of our general or consumption loans. Whether it's furnishing your home or investing in your education, Tesfa Microfinance Institution is here to help you achieve your aspirations.
Micro and Small Scale Business Loan
Tesfa Microfinance Institution empowers micro and small enterprises across various sectors, including trade, services, manufacturing, and off-farm activities. Our business loans provide entrepreneurs with the capital needed to start or expand their businesses, driving job creation, income generation, and economic growth.
Manufacturing Loan
Entrepreneurs involved in manufacturing activities such as metal and woodworks, food and beverage production, textile manufacturing, and artisanal crafts can access our specialized manufacturing loans. With dedicated financial support and guidance, Tesfa Microfinance Institution enables entrepreneurs to scale their manufacturing businesses and contribute to local industry development.
Secure Your Future with Tesfa's Saving Options
Tesfa Microfinance Institution (TMFI) offers a variety of saving options tailored to meet your financial goals and aspirations. Whether you’re looking to build a nest egg for the future or save for specific needs, our saving types provide flexibility, security, and attractive interest rates.
Voluntary Saving
- Passbook Saving (Ordinary): Earn flexible deposits and withdrawals at any TMFI branch.
- Women & Child Saving: Enjoy an empowering women and securing children’s futures.
- Institutional Saving: Get competitive rates tailored to organizational needs for financial growth.
Compulsory Saving
Saving is essential for building long-term wealth and financial security. Regardless of age, saving a percentage of income regularly is crucial for achieving financial goals and developing healthy financial habits. TMFI encourages individuals to prioritize saving to ensure financial stability and flexibility.
Time Deposit
Our Time Deposit option offers a secure way to earn higher interest rates on your savings. With a fixed deposit account, you can benefit from it until an attractive interest rate of 14.5% and higher with negotiation.
Ready to take the first step towards financial empowerment?
Get in touch with us today to explore how Tesfa Microfinance can support your financial goals and empower your dreams. Our team is ready to assist you on your journey towards financial freedom and prosperity. Reach out now to start your transformational journey with Tesfa Microfinance.
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Frequently Asked Questions
Explore common inquiries about Tesfa Microfinance Institution’s services, eligibility criteria, and more. Get the answers you need to make informed financial decisions and discover how Tesfa Microfinance can empower your financial journey.
Tesfa Microfinance Institution offers a range of financial services including microloans, savings accounts, financial education programs, and business training.
You can apply for a loan by visiting one of our branches and filling out an application form. Alternatively, you can apply online through our website.
The eligibility criteria for obtaining a loan may vary depending on the type of loan and the specific requirements of Tesfa Microfinance Institution. Generally, applicants must meet certain income and credit history criteria.