Loan

Liqii

Money a bank gives a person or a company, to be repaid with interest.

Maallaqa baankiin namaaf ykn dhaabbataaf kennee, dhala waliin deebifamu.

Michu, the digital lending service of Coopbank, has lent 52.5 billion birr.

Michu liqii biiliyoona 52.5 kenne.

In Ethiopia

Most bank lending in Ethiopia is secured against property, which leaves small businesses and farmers with little access. Digital lending, which judges borrowers on their transaction history instead, is the main exception.

Liqiin baankonni Itoophiyaa kennan irra caalaan qabeenya wabii irratti hundaa'a; kanaafuu daldaltoota xixiqqaa fi qonnaan bultootaaf liqii argachuun ulfaata. Liqiin dijitaalaa, kan seenaa daldala namaa irratti hundaa'ee kennamu, isa adda ta'edha.

Stories that use this word

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