The Clean Energy Loan will enable customer improve the quality of life by enabling access affordable, cost saving, environmentally friendly solar systems, briquette stoves, water purifiers and solar LED lamps. Harar MFI will partner with solar solutions provider company to reach last-mile rural households to offer loans to those who normally cannot afford to pay in cash for solar systems.

Housing loan consists mainly of loans to low-income people for renovation or expansion of an existing home, addition of new rooms, construction of a new home and land acquisition. To date, most of the successes in this new field have been with home improvement loans.

This loan enables a parent or guardian or student to access funds to clear school fees at once and pay later in manageable installments.

Youth Loan provides access to financial services to young entrepreneurs and youth-friendly enterprises in Harari region. HMFI will provide youth with access to loans by demanding collateral.

This loan enables customers to acquire their desired assets without paying for them all at once. Finances the acquisition of assets that generate income and the assets financed form part of the security for the loan.

Here the Solidarity Group must have not less than five (5) or more than thirty (30) members, who must know each other and voluntarily form the group. Their domicile must be in a single geographical area, where they conduct their activities, so that the group can be monitored. SGBL is a microloan that self-organized groups in rural and urban settings are eligible to borrow through group liability. It targets all segments of low income population but mainly women and unemployed youths.

This loan offers a fast and secure means of boosting an individual’s income. It is ideal for all entrepreneurs engaged in income generating activities and would like to grow their businesses. Decisive Loans: This will also be another option. A Trade-Loan designed for micro businesses clients who are already into some form of trade and wish to augment their working capital. The duration will be just for months.

The Emergency Loan is designed to offer clients an avenue to access additional financing in times of distress while also allowing them to maintain good standing with HMFI. This timely financial assistance refrains the members from resorting to other informal sources of money, which are very expensive.

Consumption loans shall be extended for households who want to purchase house equipment, furniture, and other items that have no production cycles or market-added value. The loan will be extended through well-recognized organizations/companies' permanent employees' salary guarantees. The principal and interest shall be collected in equal installments over the loan period.

WEDP is a project providing training and credit to micro and small enterprises owned or partly owned by female entrepreneurs in cities like Harar to increase their earnings and employment. HMFI will continue working with WEDP to enhance women-owned businesses or enterprises by ensuring financial support.

HMFI will collect an insurance premium based on the repayment schedule (1%, 1.5%, 2%, and 2.5%). Inactive clients or defaulters are not eligible for this insurance scheme.

Lease facilities shall be provided to smallholder farmers and micro and small enterprises engaged or wanting to engage in value-added economic activities. This product is mainly designed to enhance the productivity of the target groups through the provision of technology-based machinery or equipment to their best satisfaction in line with the country’s lease policy or directives. Here, the potential beneficiaries are required to give detailed specifications of their intended leased item and deposit 30% of the item’s market value as an upfront security deposit at HMFI. The title deed (ownership) of the leased item shall be in the name of HMFI until full repayment of the loan and related interest collection is made.

This is a short-term loan extended to farmers to buy inputs like fertilizers to enhance production. The loan finances consumable inputs and not durable assets used in agricultural production.

An agricultural loan aimed at financing farmers involved in rearing bulls for sale. These animals are bought young, fattened, and then sold off at a profit.

This loan product finances the purchase of ploughs and/or oxen for ploughing. It aims at improving labor productivity, the scale of production, and on-farm transport.

This loan finances people involved in the sale of fresh agricultural products. It is considered innovative because it facilitates the sale of fresh agricultural products and can be given as an additional loan due to its short-term nature. Opening a market vent through this product ensures agricultural producers a ready market and boosts backward linkages in the value chains of fresh agricultural produce.

This loan finances people involved in the sale of fresh/unprocessed agricultural products. It is considered innovative because of its short-term nature, backward linkage value to agricultural producers, forward linkage value to processors/consumers, and no collateral requirements. It is a very popular business, particularly in big cities.

Under this, a mobile phone is given to the client in kind. The institution buys phones of various categories and gives them out to clients as loans. This is considered to be an innovative loan given the location of the village.

It is not easy for residents to access shops where mobile phones are sold. Clients who cannot afford a lump sum to pay for a phone get the phone and pay for it in installments, with interest. This helps them in their businesses and social interactions.

This is a loan that finances the construction of water tanks which act as water reservoirs for home use. It is considered innovative because it responds to the water needs of the hilly terrain of the areas in which it is offered. Many local people did not have access to safe water and yet rainfall is fairly abundant.

This loan is aimed at promoting fishing as a profitable enterprise around Alemaya Lake. Fish has a ready local market both in its raw and cooked form. It creates a pool of informed clients for the financial sector.