Rays Microfinance Institution
in Ethiopia 🇪🇹
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About Rays Microfinance Institution in Ethiopia
Rays Microfinance Institution is a share company microfinance institution operating in Ethiopia. Established in accordance with the Micro Financing Business Proclamation No. 626/2009, Rays MFI is licensed and regulated by the National Bank of Ethiopia. The institution focuses on providing financial services to the productive poor in both urban and rural areas of Ethiopia, with a particular emphasis on serving underbanked communities in the Somali Region.
The institution specializes in delivering accessible, convenient, and appropriate financial services designed to improve the livelihoods of low-income individuals and small-scale entrepreneurs who have traditionally been excluded from conventional banking systems.