kifiyan

First of its kind knowledge seminar to tackle collateral challenge facing MSMEs in Ethiopia

On February 21, 2022, Kifiya Financial Technology in partnership with the Mastercard Foundation and its knowledge partner International Finance Corporation kicked off a first of its kind knowledge seminar bringing together financial institutions, policymakers, and MSMEs to discuss how to make capital more accessible to entrepreneurs by addressing prohibitive collateral requirements. Kifiya Financial Technology is First of its kind knowledge seminar to tackle collateral challenge facing MSMEs in Ethiopia

Cooperative Bank of Oromia and Kifiya Financial Technology announce partnership for the launch of Ethiopia’s first uncollateralized digital lending product, Michu.

On January 12, 2022, Cooperative Bank of Oromia (Coop bank) and Kifiya Financial Technology (Kifiya) announced a new partnership and launched a digital lending product named Michu.  Coop bank’s Michu is Ethiopia’s first uncollateralized digital lending product, powered by Kifiya’s Qena, AI-driven digital lending platform developed in partnership with Mastercard Foundation.  The partnership allows Coop Cooperative Bank of Oromia and Kifiya Financial Technology announce partnership for the launch of Ethiopia’s first uncollateralized digital lending product, Michu.