Specialized Financial and Promotional Institution

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To be the model MFI in Ethiopia that improves the livelihoods, productivity and high net worth of the poor especially of women and persons with disabilities


Inspiring the under privileged, especially women and persons with disabilities to change their lives through providing fast, quality, affordable and need based financial services

Basic Objective

The fundamental objective of SFPI is poverty alleviation by providing both financial and non-financial services to the target population.

Company Profile

The Specialized Financial and Promotional Institution (SFPI) S.C. was established as micro financing institution. It was legally registered on November 25, 1997 as per Proclamation No 40/96 issued by the Ethiopian Government to regulate the activities of Micro Finance Institutions in Ethiopia and started operation in the second half 1998. Initially it was established by five shareholders with paid up and subscribed capitals of birr 200 thousand and 800 thousand respectively. However, currently the number of shareholders increased to 11 and its paid up capital reached birr 10 million.  As of December 30, 2021 total asset, total capital and loan outstanding balance of SFPI over 938 million,175 million and 662 million respectively. 

SFPI started its operation in Addis Ababa and gradually expanded its outreaches to other regional states such as Oromia, Amhara and SNNPR.  Now a days SFPI has 28 branches and 12 sub- branches which provide financial service such as credit, saving and credit insurance to over 72,054 clients in both rural and urban areas.

Core Values

  • To be trustworthy MFI
  • Professional approach to providing MF services
  • Giving high value to human beings in providing MF services
  • Zero tolerance for Fraud
  • Zero tolerance for arrears
  • Belief in the importance of client training so as to better exploit the entrepreneurial potential of ordinary citizens.

Board Members

Mr. Ayele Bogale


Abiyot Weldeyesus


Fekadu Tsega


Solomon Yehualashet


Mengistu Meharu


Management Team

Mr. Anbessie Chaka


Mr. Zelalem Mengesha


Mr. Abebe Ansa

Manager, Internal Audit Department

Mr. Habtamu Ketsela

Manager, HR & Admin Department

Mr. Shumie Waktola

Manager, Finance&Accounts Department

Mr. Melese Girma

Manager, Saving Department

Mr. Getachew Kassahun

Manager, Credit Department

Mr. Muluneh Petros

Head, Marketing & BDS

Mrs. Mekerem Haile

Head, Legal & Contract Admin Service(Acting)

Mrs. Kidist Tsige

Head, MIS

Our Partners