First Eddir Member-Owned MFI in Ethiopia

Empowering Productive Poor Through Sustainable Finance

«Borrow wisely, Pay promptly, Save regularly» — Over 25 years of empowering individuals, farmers, and micro-entrepreneurs across Ethiopia.

708 Founder Shareholders Across 11 Eddir CBOs

Rooted in Community Solidarity & Security

Founded in Shashemene in 2001, we transform traditional Eddir social protection into sustainable financial independence for active poor households.

Fast & Accessible Capital Delivery

Fueling Micro Enterprises & Local Growth

Individual, group, and vehicle purchase credit solutions designed to accelerate working capital and business expansion across all 12 regional branches.

Trusted Partners & Key Stakeholders

Our Heritage & Mission

Rooted in Ethiopia’s Eddir Tradition, Built for Modern Prosperity

KENDIL MFI was established in March 2001 as Ethiopia's first and sole Eddir member-owned financial institution. Formed by 708 founder shareholders across 11 Eddirs (CBOs) in Shashemene, we bridge traditional community solidarity with formal financial security.

Our Mission

Provide appropriate, sustainable financial services to active poor and middle-income citizens.

Our Vision

Poverty-eradicated, self-reliant communities across all operational regions of Ethiopia.

Community Heritage

708 Eddir Shareholder Members

Empowerment rooted in local CBO trust and financial inclusion for all regions of Ethiopia.

NBE Licensed

National Bank of Ethiopia

Impact & Community Visuals

Kendil Micro Finance in Action

Transforming livelihoods, small businesses, and community solidarity across Ethiopia.
The fund provides insurance coverage limit up to Birr 100,000 per a depositor.

Rural & Agriculture

Agricultural Micro-Credit

Empowering local farming communities with seasonal crop inputs and livestock financing.

Women Enterprise

Market Vendors & Trade

Flexible micro-loans providing immediate inventory working capital for urban market stalls.

Doorstep Financial Access

Box Based Field Savings

Daily collection services designed for market merchants and informal traders.

Transport & Logistics

Vehicle Asset Financing

Commercial vehicle and delivery equipment loans to expand local transportation businesses.

Community Solidarity

Group Guarantee Loans

Peer-backed collateral-free credit solutions built on community trust.

Technology & Integrity

Modern Core Financial Operations

Fast, transparent, and accurate transaction processing across all 12 regional branch hubs.

Tailored Solutions

Financial Products Built for your Success

Designed specifically for active poor, micro-entrepreneurs, middle-class households, and community groups.

Micro Loans

Small Enterprise Loans

Providing accessible credit to market vendors, traders, and small shops.

Community Savings

Group & Individual Savings

Secure interest-free and fixed time deposit growth options.

Eddir Solidarity

CBO & Shareholder Services

Fostering social protection and long-term community financial security.

Compulsory Saving

Mandatory security reserve collateral for borrowers.

Time Deposit Saving

High-yield fixed term deposit investment options.

Individual Saving

Flexible daily operational deposit and withdrawal account.

Interest-Free Saving

Sharia-compliant ethical non-interest deposit account.

Nationwide Presence

Find Your Nearest Kendil Branch

Access immediate support across our 12 regional branch hubs.

About Kendil MFI S.C.

Empowering Communities Since 2001

Licensed by the National Bank of Ethiopia (NBE), Kendil Micro Finance S.C. is a pioneer in community-owned microfinance institutions.

Our Story & Heritage

First & Sole Eddir Member-Owned MFI in Ethiopia

KENDIL MFI was formally established as a financial and non-financial service provider to the active poor in February 2001. It officially commenced operations in March 2001 after securing its regulatory license from the National Bank of Ethiopia.

Kendil MFI is peculiar in its formation and establishment from the majority of Ethiopian MFIs. This is due to the fact that it was designed to become the first and sole Eddir member-owned institution in the country. Thus, all 708 initial founder shareholders are members of 11 Eddirs (CBOs) based in Shashemene City.

25+ Years

Operational Excellence

100% Licensed

National Bank of Ethiopia

Board and Management annual meeting

Our Vision

Poverty-eradicated & self-reliant citizens.

Our Mission

Sustainable financial service delivery.

Guiding Principles

Kendil MFI Core Values

Impartiality

Providing services without partiality in favor of politics, nation, religion, or intimacy.

Non-Negotiable Promptness

Repayment schedules are firm to maintain liquidity and discipline for all borrowing members.

Efficiency & Effectiveness

More than average efficiency and productivity of resources to achieve maximum social impact.

Transparency & Accountability

Ensuring complete transparency and strict accountability in day-to-day operations.

Collaboration

Collaborating for the well-being of society and organizational prosperity based on mutual benefit.

Differentiation

Identifying and innovating core competencies to maintain long-term sustainable competitive advantage.

Leadership Team

Kendil MFI Management Staff

Dedicated leadership bringing decades of combined microfinance experience in Ethiopia.

seyamfi@yahoo.com

Abraham Anbesa

General Manager

Directs executive strategy, stakeholder relations, and national branch expansion.

ops@kendilmicrofinanceet.com

Adane Gebi

Operations Manager

Oversees 11 branch networks, field loan appraisals, and customer services.

finance@kendilmicrofinanceet.com

Kibrom Kiros

Finance and Adminstration Manager

Manages capital adequacy, NBE regulatory filings, and audit compliance.

audit@kendilmicrofinanceet.com

Board and Management

Ensures internal control, risk mitigation, and Eddir shareholder compliance.

Products & Services Catalogue

Explore tailored saving options, accessible credit loans, and specialized financial solutions.