Core Function
PEACE MFI is engaged in the delivery of both Savings and loan services.
Loan products: There are two major categories of loans: agricultural loans and non-agricultural loans. Non-agricultural loans are provided for clients engaged in petty trade, local beverage production, artesian, hairdressing and barber, transport services using carts, etc. Agricultural loans are taken for goat and sheep rearing, purchase of oxen, fattening, purchase of select seed, fertilizers, dairy cow, etc.
All loans are provided on the basis of group guarantee and joint commitment of group members. |
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Ø Women economic empowerment
Ø Quality services
Ø Rural focused
Ø Clients centrality
Ø Teamwork
Ø Social responsibility
Ø Transparency
Ø Accountability
Ø Commitment
Ø Saving led
Ø Children and youth inclusive
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Products of PEACE Microfinance S.C
Saving Products
PEACE Microfinance has saving products with different features. These are;
1. Mandatory Saving
2. Regular Saving
3. Voluntary Saving
4. Special Event Saving
5. Special Purpose Saving for Children.
6. Box Saving
7. Time Deposit
8. Lenege Child &Â Youth Saving
Loan Products
PEACE Microfinance S.C provides the following loan products for individuals and groups.
1. Agricultural loan
2. Non-Agricultural loan
3. Employees Loan
4. Asset Loan
5. Short Term Loan
6. Small and Medium Enterprise Loan and
7. Energy Efficient Product Loan
8. Women Enterprise Development Program (WEDP) loan
9. Clean and Safe water loan
10. Smallholders Irrigation Finance |
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To serve entrepreneurs and economically active people by providing environmentally suitable, innovative, sustainable, women-focused, and quality financial and non-financial services to improve the livelihood of the society by bridging the gap in financial inclusion.
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PEACE MFI S.CO stands for prudent business practice and committed to applying best micro financing practices in all of its operation areas. The operation slogan “save regularly, borrow for profitable business and repay on time” will be used in the social promotion of the company, and the company values its esteemed clients to be empowered, motivated and encouraged in the poverty reduction through full participation of the poor. PEACEMFI S.Co. provides quality, competitive and affordable by the poor. The value of consisting at least 85% of female clients in its program is one of the core value for poverty reduction and community empowerment at wider scale. The company has zero tolerance for delinquency and default. |
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Ø Provide increased access to financial services to the productive poor, empower them through viable activities and attain food security at household level
Ø Contribute to transformational and sustainable development by working towards permanent job creation and profitable productive activities with integration to rural development programs
Ø Promote saving mobilization
Ø Create an enabling environment for more positive impacts
Ø Provide competitive quality and efficient services on continuous basis and
Ø Mature financial intermediary by charging appropriate fees and interest.
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