Phone:
+251-116674266
Physical address:
Megenegna, Tamegas Building (across Zefmesh building), Addis Ababa, Ethiopia
About Us
About Us
ACCESS TO FINACE TO ETHIOPIA YOUTH
Kefeta Youth SACCO is a youth-led, youth-managed and youth-owned regulated national savings and credit cooperative organization. The first city level establishment was in Hawassa in July 2022 with 55 members. Kefeta Youth SACCO is registered at National level as the first ever youth SACCO in Ethiopia on February 14th, 2024. Our objective is to be the most efficient and reliable financial service provider of youth friendly tailored products to empower Ethiopian youth socially and economically.
Our Objectives are:
To improve the economic and social condition of Ethiopian youth by:
Providing them with affordable youth friendly loan services
Establishing a platform that encourages a ‘savings culture’
Providing financial literacy training to support the success, progress, and commitment of
Providing business development support and linkages for members
Inspiring the practice of self-reliance in accordance with cooperative principles
Execute innovative investments to increase output and maintain sustainabilit
Inspiring the practice of self-reliance in accordance with cooperative principles
Execute innovative investments to increase output and maintain sustainability
Kefeta Youth SACCO is committed to providing the following services diligently:
- Wide range of services and products specifically tailored for Ethiopia youth
- Interest on members savings
- Dividends on share capital.
- Fast loan processing time
- Provision of various trainings including Financial and entrepreneurship skills training
Mission
Making finance accessible for youth through the provision of youth-friendly financial products and financial literacy training
Vision
A leading youth-owned SACCO that economically empowers Ethiopian youth through innovative financial solutions.
Why Kefeta Youth SACCO
What Makes Kefeta Youth SACCO Different from other financial institutions?
- Availability of low loan interest and youth friendly products
- Eligibility to apply for loan after short period of continuous saving
- Longer loan repayment period and use of declining loan repayment method
- Provision of sharia compliant saving and loan products
- Access to secure technology and mobile banking
- Provision of trainings that include but not limited to life skills, financial and digital literacy, business skill and entrepreneurship with no cost
- Availability of branches in Kefeta project target cities
- By the youth. For the youth!
Our Core Values
Self-help
Self-responsiblity
Promotion the culture of democracy
Equality
Equity
Solidarity
The Team
Board of Directors
Esayas Tesfaye
Board chair person
Hana Teferi
Vice chairperson
Yidnekachew Terefe
Secretary
Ibrahim Tuala
Board member
Yordanos Reta
board member
Mubarek Mohammed
Board Member
Zelalem Addis
Board member
Rahel Tesfalidet
board member
Derartu Jebel
Board Member
Supervisory committee
Mehare Darsema
Chairperson
Ayalew Gebeye
Secretary
Abera Feyesa
SC member
Sebri Seid
Member
Hana Meresha
Member
Head Office Staffs
Yeshiareg Muse
CEO
Melat Tamrat
HR & admin Head
Abreham Gosa
Finance Head
Feven Ashenafi
ICT specialist
Muktar Bimirewu
Main Cashier
Girma Endale
Operation Manager
Phone
+251116674266
Physical Address
Megenegna, Tamegas Building (across Zefmesh building)
Opening Hours
Monday-Saturday
8am - 6pm
