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Poverty Eradication and Community Empowerment Micro-finance Institution S. Co. |
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Poverty Eradication and Community Empowerment Micro-finance Institution S. Co. (PEACE MFI) was founded in November 1999 to takeover the micro-credit activities previously run by its mother organization, Agri-Service Ethiopia (ASE), a local NGO that has been undertaking integrated rural development activities for more than 40 years in Ethiopia. PEACE MFI is formed as a Share Company under the Ethiopian law. It is licensed by the National Bank of Ethiopia (NBE) to provide micro-finance services.
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PEACE MFI S.Co. has a vision to see that poverty is eradicated and productive poor especially of women are empowered, through sustainable micro enterprises.
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The mission of PEACE MFI S. Co. is to serve the entrepreneurial poor by providing sustainable and quality services for employment and income generation with the ultimate objective of enhancing household food security in rural and urban Ethiopia. |
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The institution has identified the following core objectives to guide its operations in order to fulfill its vision and mission. The objectives of PEACE MFI are to:
Provide increased access to financial services to the productive poor, empower them through viable activities and attain food security at household level,
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