Alegnita Emergency Loan
A personal loan for employees to cover emergency expenses (medical, school fees, etc.).
Eligibility: Employees of institutions with a 6-month relationship with the Bank (waived for government).
Key Features:
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- Max loan: 4 months’ salary or Birr 50,000, whichever is lower.
- 18-month maturity.
- Interest: Saving rate + 5%.
- Loan is credited directly to the employee’s account.