A short- to long-term loan provided to private businesses for working capital, fixed asset purchase, investment, or project financing in sectors such as agriculture, manufacturing, construction, trade, tourism, and services. Eligibility depends on the purpose of the loan and requires proven business viability, adequate owner’s equity, acceptable collateral, and relevant business/project documents. For project financing, the borrower generally contributes at least 50% of the project cost
A short- to long-term loan provided to private businesses for working capital, fixed asset purchase, investment, or project financing in sectors such as agriculture, manufacturing, construction, trade, tourism, and services. Eligibility depends on the purpose of the loan and requires proven business viability, adequate owner’s equity, acceptable collateral, and relevant business/project documents. For project financing, the borrower generally contributes at least 50% of the project cost, which may be reduced to 20% when additional collateral is provided. For working capital, the business should have at least one year of experience and a good track record. Audited financial statements are required for existing businesses requesting Birr 10 million or more. Project financing may have a grace period of up to one year, while working-capital loans for existing businesses generally have no grace period.
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