Addis Capital, Finance and Trade Work Company announced that it is working to supply 400mln worth different capital goods through lease financing this budget year.
Company’s Planning, Marketing and Promotion director, Getachew Mekuria told WMC that the company is due to distribute 400mln worth capital goods in lease financing to micro and small scale enterprises.
According to Getachew, this year, the company is planned to supply goods to 2500 micro and small scale enterprises, which are engaged on construction, manufacturing, urban agriculture and service sectors.
So far, in the last quarter of this budget year, he said that 16.3 mln birr is loaned to 357 enterprises, which have 506 members and 906 jobs.
He said that the company is supplying manufacturing goods worth from 100 thousand to 1mln to enterprises engaged in different sectors in a long term lease financing system.
The company, which started loaning since three years ago, is so far distributed 57.7 mln worth capital goods.