Advanced Digital Financial Services from telebirr, Dashen Bank
Looking to bring unbanked sections of the Ethiopian population into the formal financial sector and enable low-cost credit and savings service, Ethio Telecom has partnered with Dashen Bank to launch telebirr digital financial services. Micro loan, overdraft and micro saving are services to be offered in partnership with the 25-year-old bank as per a permit given by the National Bank of Ethiopia.
Accordingly, Ethio Telecom offers three different financial services, namely telebirr Mela (micro credit), enabling customers to borrow money for any transaction or withdrawal, telebirr Endekise (credit pay/ overdraft service), permitting users to borrow up to ETB2,000 in an emergency transaction, and telebirr Sanduq (micro savings service). The services are accessible on the telebirr app as well as by dialing *127#.
Photo Credit: Samuel Habtab
Mintesinot Nigussie Asfaw
3 comments
Yadeta Olani
August 7, 2022 at 6:25 pm
It’s more good idea
Nigusu Mengistu
August 20, 2022 at 7:23 pm
Great job, ethiotelecom!
But we need detail info.
Zekarias Duma
March 8, 2023 at 8:03 pm
Tele birr is very important in todays world