Agricultural

These are loans provided for purchase of agricultural inputs such as fertilizer, improved seeds, and pesticides to a group 10-15 or 10-35 people organized in a group or association. The maximum loan size is Birr 30,000 per person with 23% declining interest rate repaid within 12 months. Moreover, as a mechanism of enforcing repayment, MMFI pursues a policy of staged credit approach to motivate those clients who are paying as per the schedule.