Mission:
To provide financial services to the economically active poor both in the rural and urban areas who have no access to conventional banks
Background and Main Challenges: 
Sidama MFI was established in Sept. 1998 under the licensing and supervision of microfinance institution proclamation No 40/1996 of the National Bank of Ethiopia with a paid-up capital of birr 200,000
Address: 
P.O.Box 565
Awassa
Ethiopia
Phone: 
046-2200850/ 204704
Fax: 
(251) 620-4704
Email: 
sdc10 [at] ethionet [dot] et
Main Funding Sources: 
Grants
Loans
Savings
Shareholder Capital
Products and Services: 
Loans
Voluntary Savings
Insurance
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: 
30-Jun
Current Legal Status: 
NBFI
Regulated: 
yes

Partnerships

Current
Name Relationship
AEMFI Network Affiliation

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • Ashenafi Wagisso
    CEO
    sdc10 [at] telecom [dot] net [dot] et
    (251) 620-4704