Africa
EthiopiaDBE Startup Credit Guarantee Fund Reports Zero Defaults in Ethiopia
The Development Bank of Ethiopia's Credit Risk Guarantee Fund has successfully facilitated ETB 85.7 million in loans to 37 startups since 2023 with a zero-default rate, demonstrating a viable model for de-risking startup lending.
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DBE Startup Credit Guarantee Fund Reports Zero Defaults
First report 4h agoLast update 4h ago1 takes▲ 1
positive assessment of fund successpositiveShow 1 post
started 4h ago•Last update 4h ago
The initiative is praised for its success in de-risking startup lending and maintaining a zero-default rate, with plans for extension and increased loan ceilings.
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