Year of Establishment
June 1998
Legal Status
Wisdom Micro-financing Institution (S.C.) was legally registered by the National Bank of Ethiopia, according to Proclamation No.40/1996.
Current Operational Area (s)
• Addis Ababa City Administration
• Oromiyaa Regional State
• Southern Nations and Nationalities Peoples Regional State (SNNPRS)
• Amhara Regional State
Loan Eligibility Criteria
• Existing business – with more than six months experience;
• Regular saver;
• Permanent resident in the operational area;
• Willingness to be organized in a solidarity group.
Type of Collateral Needed
Group Guarantee/Collateral.
Some of the economic activities financed so far
• Petty trade;
• Cattle fattening;
• Cattle sale;
• Grain vending;
• Agriculture;
• Services.
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