#Ethiopia | Mother Bank and Hybrid Designs Plc work well together. Based on this, considering the economic impact of the country's economic slowdown on ride-hailing drivers, the bank has provided various financing services to help them. These loan types are Maternity Vision, Maternity Assistance and Maternity Access.
Mother Vision:
This loan is for visionary drivers enrolled in Ride and is used to purchase a new vehicle. So, to benefit from this loan, you should save up to 30% of your car purchase in a year. The maximum loan period is 5 years.
Mother Relief Relief-
This loan will be used to cover annual taxes, car repairs and related expenses for her Rid driver who benefits from this loan. To be eligible for this loan, the driver must have been a mother bank member for at least three months and have permanent savings. This loan service allows drivers to obtain loans up to 10,000.00 (10,000) birr.
Mother-in-law
His Rid Driver with this loan service can borrow up to 1000.00 birr (1000 bar) for indirect operations. This is a loan used by drivers in providing a ride-hailing service that charges only 1 birr per day for the loan without considering interest rates.
About
Hybrid Designs
Hybrid Designs Plc was founded in his 2007 by young entrepreneur Samrawit Fikru. We are contributing to solving the traffic problem, which is a major issue in Addis Ababa. In doing so, we have updated the sector and introduced rides. In the process of solving the city's traffic problems, the company has created more than 50 billion Birr jobs in the country, creating employment opportunities for many.
About Enat Bank
Founded 11 years ago by 11 women visionaries, especially in the country's banking system. The bank has more than 18,000 of her shareholders, 64% of whom are women. The bank's net profit last year exceeded Birr 289 million and its paid-up capital exceeded Birr 1.5 billion.
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