Loan Products

Amigos provides a wide range of loan products and services to meet the needs of its members. Whether you are looking to start a business, purchase a new home, or simply need extra funds for personal use, Amigos is ready to help.

House Loan

Amigos SACCO offers Home Loans at an interest rate of 15% per annum. Members can borrow up to Birr. 8.5,000,00 for a maximum repayment period of 10 years.

Vehicle Loan

Amigos offer Car Loans at an interest rate of 15% per annum. Members can borrow up to birr. 8.5,00,000 for a maximum repayment period of 10 years.

Amigos Loans

Education Loans

Amigos education loan is designed to help its members achieve their educational goals. With loan amounts up to 1000000, competitive interest rates, and flexible repayment schedule up to 10 years, Amigos education loan is an affordable way to finance your education.

Business Loan

This includes a loan for opening a new business and or expanding your current business. You can take loan amount up to the highest loaning capacity without any further inspection on your business.

Personal Loan

A loan provided for any personal use without any loan amount restriction within the company's loan range capacity.

Amigos Loan packages

For any loan type you choose to subscribe with, we have prepared the best loan packages.

Total DepositLoan AmountLoan waiting period
25%<= 500,0004 month
30%<= 1,000,0003.5 month
35%<= 2,000,0003 month
40%<= 3,000,0002.5 month
45%<= 4,000,000
2 month
50%<= 6,000,000
1.5 month

Collateral Types

  1. Vehicles: Cars, trucks, or other vehicles that are fully owned by the borrower and free of any liens or encumbrances. The vehicles model should be exactly 2002 or above 2002.
  2. Deposits: The borrower’s savings, and share with Amigos can be pledged as collateral.
  3. House : Residential or commercial property that is fully owned by the borrower and free of any liens or encumbrances. The house need to be located in Addis Ababa city district.
  4. Bank or Insurance company share : Amigos accepts share from banks or insurance company held by the borrower as collateral
  5. Salary: Amigos accept salary as a collateral for loan amount of 200,000 ETB and less
  6. Guarantors: Third parties who can provide a personal guarantee or pledge their assets as collateral to secure the loan.

Loan Calculator

The Loan calculator allows members to enter their desired loan amount, interest rate, and repayment period to estimate their monthly payments, interest charges, and total cost of the loan. This tool can be used to help members decide on the loan product that best meets their needs.


Years Of Experience
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Maximum loan amount
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Experienced Staff
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Loans Disbursed
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