OMFI recorded 68 million birr profit

The financial sources of Omo microfinance Institution include client savings, loan provision, and other donation reported finance directorate director Ato Dawit Petros .

The recorded net profit was gained from the financial and operational sources of   funds such as   donor grants, Saving, Private Sector Capital, Evolution of  micro financing  and Innovative financing mechanisms.

”The institution bring strong strategic plan to be enhance 68 million net profit which recorded at as of March 31/2020 to more than 730 million as of June 30/2023”. Director said.

In addition to strategic plan we work hard  to increase financial profitability   in the institution by wisely managing  physical and liquid asset.

Also ,we work aggressively  with our stake holders to minimizing operational and financial costs  he said .