The Oromia Credit and Saving Enterprise announced that it has disbursed over 306 million Ethiopian birr in loan to beneficiaries during the first quarter of the current fiscal year.

The Enterprise told Ethiopian News Agency that it has distributed the loan to 96,000 beneficiaries through its 294 branch offices.

112 million of the total amount of loan was provided to micro and small enterprises while the remaining amount has been distributed to individuals.

The Enterprise's customers have also managed to deposit 328 million birr during the reported period.

Source: Ethiopian News Agency