Michu Digital Loan Disbursements Top 60 Billion Birr
Michu, Ethiopia’s pioneering collateral-free digital lending platform, has disbursed more than 60 billion birr through over 3.2 million loan accounts since its launch less than four years ago, Cooperative Bank of Oromia said. The milestone reflects the rapid expansion of small-ticket digital credit in a financial system where entrepreneurs and micro and...