MFI ReportPartnerships
| Name | Relationship |
|---|---|
| AEMFI | Network Affiliation |
| AFMIN | Network Affiliation |
| Terrafina Microfinance | Funding |
Related Organizations
| Name | Relationship |
|---|---|
| Smart Campaign | Endorsement |
Mission:
The Mission of AVFS is to provide professional, sustainable and profitable financial services to small and micro enterprise to increase their profitability and to create employment opportunities with special focus on women's enterprise
Background and Main Challenges:
Africa Village Financial Services s.c (AVFS) is the outcome of the saving and credit for the enterprise development program (SCED) developed by Africa Village Academy (AVA) a local NGO. The SCED program was started in 1993 by the private fund of the AVA Executive Director. The 1996 proclamation ... Read more
Africa Village Financial Services s.c (AVFS) is the outcome of the saving and credit for the enterprise development program (SCED) developed by Africa Village Academy (AVA) a local NGO. The SCED program was started in 1993 by the private fund of the AVA Executive Director. The 1996 proclamation Number 40/96 allowed the SCED program to move on and become organized as an MFI namely the Africa Village financial services share company. AVFS was registered as a private share company on november 6, 1998 with a paid up share capital of birr 200,000.00. It is licensed by the National Bank of Ethiopia, which is the supervisory body for all MFIs. AVFS has seven individual private shareholders of which six are women and five Board members of which four are women. Hide
Address:
Addis Ababa
Addis Ababa City Adm
70099
Ethiopia
Phone:
0113-204732
Email:
avfs [at] ethionet [dot] et
Main Funding Sources:
Grants
Loans
Savings
Shareholder Capital
Products and Services:
Loans
Voluntary Savings
Looking for (Investment Types):
Loans in Local Currency
Donations
Capacity Building Grants
Equity investments
% Operations Comprised by MF:
91 - 100
Date established:
Jan 1 1998
FYE:
31-Dec
Current Legal Status:
NBFI
Regulated:
yes
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Kibre DawitCEOkisama [at] telecom [dot] net [dot] et(251) 120-4732
