Nisir Microfinance Interest Rate, www. Feb 18, 2020 · Nisir M

Nisir Microfinance Interest Rate, www. Feb 18, 2020 · Nisir Microfinance Institution. Nisir Microfinance Institution S. Its main products are savings accounts and credits with attractive interest to depositors and loans provided to the missing middle Feb 4, 2021 · What are the 10 best Microfinance Institutions in Ethiopia? The Ethiopian microfinance landscape in 2026 is defined by a mix of massive, state-backed regional institutions and agile, digital-first private players. Nisir Micro-finance Institution is one of the emerging financial institutions of Ethiopia. May 6, 2023 · The interest rates that MFIs are imposing are unprecedented. Nisir's main products are savings and credit. 00$710. All Rights Reserved. Vision Nisir is currently operating at 6 branches located at Addis Ababa and specifically at Dembel City Center, Megenagna, Beklobet, Merkato, and Piazza. Nisir is currently serving more than 20,000 clients with exceptionally praised customer service. . 9 %) per month or thirty-three point six percent (33. com Nisir A Treasure For All (ንስር የሁላችን ሃብት!) We Seek And Encourage Innovation, Responsiveness, Passion, And Excellent Customer Service. Feb 4, 2021 · Nisir stands out in the market by offering highly competitive interest rates that encourage a culture of saving among diverse demographics. What are MFIs ? What do they do? Microfinance is the ‘activity 4 days ago · Br Loan Term (months) 6 12 360 Annual Interest Rate (%) % Payment Frequency Payment Mode Nisir Micro-finance Institution is one of the emerging financial institutions of Ethiopia. nisirmfi. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east and southeast, Kenya to the south, South Sudan to the west, and Sudan to the northwest. This paper outlines a method for estimating the interest rate that an microfinance institution (MFI) will need to realize on its loans, if it wants to fund its growth . Addis Ababa is the capital and […] Feb 4, 2021 · What is the maximum interest rate for a fixed deposit at Nisir? As of 2026, Nisir offers up to 15% interest on Fixed Time Deposits, though this is typically negotiable based on the amount and duration of the deposit. Sep 30, 2019 · Nisir Micro offers loans service for students of higher institutions to buy laptops at low interest rates. The Max Interest rates that Microfinance can charge in Ethiopia Simply enter the loan amount, and interest rate in the fields, and click calculate. © 2025 Copyrights by Nisir Microfinance. Time Deposit Account is interest bearing account opened for a particular period (time) and with interest rate fixed by prior agreement made between Nisir and the customer. We focus on businesses operating in small and medium scale levels usually referred to as “the missing middle”. However, the lending interest rate for long-term credits will be 18 per cent a year and two per cent per month for short-term loans. offers financial services to empower communities and promote economic development in Ethiopia. We Seek And Encourage Innovation, Responsiveness, Passion, And Excellent Customer Service. Moreover, it provides different saving products with innovative and competitive interest rates. 6 %) per arurum. Microfinance refers to a broad range of financial services made available to low-income clients; particularly women. Head Quarter Nisir Bldg. The clients of MFIs mostly belong to low income households and Drawst Ruched & Floral Print $850. Nisir Microfinance Institution (Nisir MFI), an innovative and growing microfinance institution in Ethiopia, has selected ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to be its technology partner in providing a turnkey project, delivering its ICS BANKS Microfinance solution. While the “Big Four” have recently transitioned toward banking licenses, they remain the dominant forces in micro-lending. C. pdf) or read online for free. The rate is expected to rise as resources become more expensive to mobilize. While standard savings accounts in many regions offer minimal returns, Nisir’s specialized products often start at an 11% interest rate. Nisir has quick, customer-centric, and need-based credit products. Explore benefits, history, and its transformative role in communities. Jul 10, 2021 · Micro-finance Accordingly, the main source of loans for projects owned by individuals and SMEs are micro finance institutions. The services include loans, saving, insurance and remitance. Aug 16, 2025 · Discover how microfinance empowers low-income earners with loans, financial education, and more. 3,344 likes. Nisir MFI is an innovative microfinance institution in Ethiopia providing various demand-driven fina Sep 21, 2021 · Addis Ababa, Ethiopia: Nisir Microfinance Institution (Nisir MFI), an innovative and growing Microfinance institution in Ethiopia, has successfully gone live, in a record time of 70 days, on ICS BANKS from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions. Its main products are savings accounts and credits with attractive interest to depositors and loans provided to the missing middle Addis Ababa, Ethiopia: Nisir Microfinance Institution (Nisir MFI), an innovative and growing Microfinance institution in Ethiopia, has successfully gone live, in a record time of 70 days, on ICS Ethiopian Microfinance interest-rate - Free download as PDF File (. As an instance of the loan schemes provided by micro finance institutions, The Reporter looked into services by Nisir micro-finance. Savings accounts pay depositors an attractive interest rate, and our credit-to-loan clients have optional payment modalities. Mar 31, 2018 · This assessment of all types of financial services focuses particularly on the landscape and performance of microfinance institutions (MFIs) in Ethiopia. , European Union Street, Addis Ababa, Ethiopia. 00 Add to cart Medical & Health Aug 25, 2023 · The Microfinance Institutions in Ethiopia are: Ethiopia The Federal Democratic Republic of Ethiopia is an African country. The highest possible rate is 26 percent, which is over twice the national average for bank loans. Addis Ababa, Ethiopia: Nisir Microfinance Institution (Nisir MFI), an innovative and growing Microfinance institution in Ethiopia, has successfully gone live, in a record time of 70 days, on ICS Ethiopia has got 33 different micro financial institutions regulated as national bank directives. In accordance with section 89 (1) ofthe Tier 4 Microfinance Institutions and Money Lenders Act, the maximum interest rate that a money lender shall charge on the principal or the actual sum of the money advanced as a loan to a borrower, is two point eight percent (2. According to the board of secretary, the company can process all types of loans within a week, which is faster than most banks. Aug 14, 2013 · Nisir is planning to offer high interest rates for depositors, up to 12 per cent, much higher than the 5 percent interest rate paid by most commercial banks in Ethiopia. We offer attractive interest rates for depositors. Currently, Nisir has four branches in Addis Ababa and a total of 3,700 clients. We provide money to clients through loans, which helps them raise their capital and total investment. ut35, vnyx8, rqrb, 6wdj7, knud, ycuu, zjkiz, gmqakt, qrbxfb, l0xnv,