Overview & Background

Yemisrach Microfinance Institution (often abbreviated YMFI or YMFSC) is a microfinance provider based in Ethiopia. It was established under Ethiopian microfinance legislation to serve low-income populations, small business owners, and both rural and urban entrepreneurs. Its focus is on contributing to economic development by providing financial services to micro-entrepreneurs, smallholder farmers, and other underserved communities.

Mission, Vision & Core Values

Mission
The institution’s mission is to ensure that low-income segments of the population have equitable access to microfinance services. It aims to provide affordable, demand-driven, quality services in a sustainable way, while also creating value for shareholders.

Vision
Yemisrach envisions becoming a high-impact microfinance institution that acts as a change agent, supporting holistic transformation among women, youth, and low-income communities in both rural and urban areas of Ethiopia.

Core Approach
Its values include mobilizing savings, raising awareness on growing small income streams into larger investments, and combining credit with broader financial inclusion efforts.

Geographic Scope & Operations

Yemisrach operates in Addis Ababa and several regions of Ethiopia, including Oromia, Sidama, and the Southern Nations, Nationalities, and Peoples’ Region (SNNP). Its head office is in Addis Ababa.

Services / Products

The institution offers a range of financial services tailored to low-income clients, including:

Savings products — mobilizing deposits to encourage financial discipline and security.

Loan / credit products — small loans for micro-entrepreneurs, small businesses, and farmers.

Credit life insurance — protection for both borrowers and the institution against unforeseen risks.

Legal / Institutional Status & Workforce

Yemisrach is organized as a share company (S.C.) within Ethiopia’s microfinance framework.

It employs an estimated 50 to 200 staff members.

Employee feedback highlights a positive workplace culture, though challenges such as modest salaries and limited resources for growth are noted.

Recent Activity & Challenges

The institution frequently announces job opportunities, particularly for branch and customer service roles in Addis Ababa.

Like many microfinance providers, Yemisrach faces challenges such as balancing financial sustainability with social outreach, building capacity with limited resources, and managing credit risk.