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News & Events

Rating was under taken in the frame of the MFI upgrading and rating initiative of OeEB –Development bank of Austria by MicroFinanza Rating. The rating focused in the area of Governance and strategy, organization and operation, Asset quality and structure, Financial structure and management, Financial and operational result. With all these SFPI has got rating grade of B+

Specialized Financial and Promotional Institution (SFPI) is one of the earliest Micro financing Institutions in Ethiopia established following proclamation 40/96 issued by National Bank of Ethiopia. SFPI was established in 1997 and started operation in the second half of 1998.  Currently, SFPI has 16 branch offices in two big National Regional State (Oromia and Amhara) and one city administration (Addis Ababa).   SFPI is licensed to operate across the country.

 

 

Our clients includes:

Small and Micro Enterprise Operators who are involved in activities such as petty trade, processing and manufacturing, construction work, wood and metal work etc.
Poor Farmers engaged in agricultural activities.
Low Salaried Employees to finance household consumption.
Youth in the age range of 18-29.
Cooperatives.

 

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