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PEACE MICROFINANCE S.C

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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.

About Us

PEACE MICROFINANCE S.C

 
Core Values

 

Women economic empowerment

Quality services
Rural focused
Clients centricity
Teamwork

Social responsibility

Transparency
Accountability
Commitment
Saving led

Children and youth inclusive

 

 
Services

Saving products. PEACE Microfinance S.C offers four types of saving services:

  • voluntary savings,
  • Regular savings,
  • Mandatory savings, and
Read more...
 
Mission

 

To serve the entrepreneurial poor by providing sustainable and quality services for employment and income generation with the ultimate objective of improving the livelihood of poor people in both rural and urban areas of the country by bridging the gap in financial inclusion.

 
Core Value

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. providesquality, 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.

 
Objectives

 

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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Partners & Linked Organizations

Agriservice Ethiopia

Oxfam NOVIB

Women's World Banking

TRIPLE Jump

Microfinance Information Exchange

Planet Rating

Micro Finance African Institution Network(MAIN)

http://www.mainnetwork.org

Association of Ethiopia Microfinance Institution

http://www.aemfi-ethiopia.org

http://www.mossict.com

Existing Clients

PEACE Achievements

PEACE has achieved a competitive position in the Ethiopia MF sector through a focus strategy that targets rural low income women. It has experienced significant growth during the past years and the market still has a high level of unmet demand.