Divine show with singer Efrem Alemu
Migos Savings and Credit Cooperative Society handed over new cars to 17 Lada drivers
Amigos loan and savings for the 3rd round for Lada car drivers who saved 30% of the car, handed over a new car to 17 drivers today.
Amigos Loan and Savings Corporate Sales Division Chief Ato Kalakchew Hailu said that currently 35 Lada associations have signed a contract with the institution.
It is stated that today, 17 Lada drivers, who were able to save 30 percent of the price of the car, handed over the cars imported by O'clock General Trading.
It is said that the loan payment period will last for 10 years and the interest rate will be from 9 to 15 percent.
It is stated that Amigos Savings and Credit Cooperative Society has provided loans to about 3,000 people in 11 years and 80 percent of them have been given to purchase vehicles.
Amigos Savings and Loan has reached a capital of 1.5 billion birr and has 7000 members.
Amigos Savings and Loan Cooperative Society is a Savings and Loan Cooperative Society registered under Decree No. 147/91 and Decree No. 402/96 amending this Decree. It has been stated that the association has provided credit services to 3000 people for the last ten years and many of them have expanded their business and created jobs.
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