Programs & Projects

Remittances – Awash Bank (Ethiopia)


Overview

Awash Bank in partnership with WDI is exploring the development of a program that will leverage remittances as both collateral for the loan and information about the borrower. By allowing the borrower to develop a credit rating, the remittances can increase access to capital for SMEs at a reasonable rate.  A loan product with a complete description and requirements is available to be used with the diaspora.


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