Buusaa Gonofaa Microfinance SC (BG) is incorporated under the Ethiopian law as a profit making Share Company. It is a non-bank financial institution regulated by the central bank; it has license number MFI/11/99 from the National Bank of Ethiopia with …

Buusaa Gonofaa Microfinance SC (BG) is incorporated under the Ethiopian law as a profit making Share Company. It is a non-bank financial institution regulated by the central bank; it has license number MFI/11/99 from the National Bank of Ethiopia with …

2) “Busa Gonofa” means a mutu- ally supporting culture of the people that helps to prevent the society from natural or man- made hazards and is a system of supporting, saving, recovery and rehabilitation of the society in cases where vulnerable for so- cio-economic problems.

Buusaa Gonofaa MFI (BG) was founded in May 1999 to run the microcredit activities developed since 1996 by HUNDEE, a local NGO that implements community-based development projects in rural areas of the Oromia region. BG was formed as a Share Company and received a license from the National Bank of Ethiopia (NBE) in 1999.

Aug 2, 2012 · Buusaa Gonofaa Micro Finance Institution Share Company, Addis Ababa, Ethiopia. 438 likes · 1 talking about this. Objective of contributing to the...

Dec 1, 2024 · Buusaa Gonofa Micro Finance Institution SC (BG) is a regulated microfinance institution (MFI) that provides financial services to low-income entrepreneurs in rural areas, landless young people and smallholder farmers.

Busa Gonofa's proactive disaster prevention initiatives serve as a model for how communities can work together to overcome adversity while maintaining dignity and self-sufficiency.

Buusaa Gonofaa Microfinance S.C (BG MF S.C) was founded in 1999 and regulated by the National Bank of Ethiopia that provides a flexible and efficient financial service on sustainable basis to improve the livelihood and productivity of low-income groups with particular focus on women, the youth and smallholder farmers through the provision of cre...

Dec 20, 2023 · The findings indicate that Buusaa-gonofaa is a long-lasting, multifaceted approach to addressing the social problems of the Borana pastoralists and their neighbours. It solves community problems, sustains social unity, promotes peace, and develops a social bond between the Borana and their neighbours.

Sep 11, 2014 · MICROFINANCE WEEK – LUXEMBURG Capital markets – European dialogue –RURAL FINANCE BUUSAA GONOFAA MFI PANEL II, group I (Costs control) : Managing Costs in the Delivery of Rural Finance: the Experience of BG MFI, Ethiopia Teshome Yohannes Dayesso BUUSAA GONOFA, Ethiopia Luxemburg, October 18, 2005 Buusaa Gonofaa. Buusaa Gonofaa - Introduction • BG MFI – non-bank financial institution ...