About
Debo Microfinance Institution at a glance
Debo Micro Finance Institution (DMFI) was established and registered by the National Bank of Ethiopia on August 3, 2017 as a share company fulfilling the requirements of proclamation No.626/2009 and the directives of the National Bank of Ethiopia, the authorizing body to license and supervise MFIs in the country. The institution is a private microfinance Company which is established by 27 shareholders with a paid up capital of Birr 10,350,000and licensed by the National Bank of Ethiopia on August 2017. The operation was started in February 2018 by opening one branch in Addis Ababa Bole sub city. The shareholders of Debo MFI are committed and motivated private investors who put in their resources to provide financial services to targeted clients on commercial basis.
Like every microfinance institution operating in the country, Debo Microfinance Institution is licensed and supervised by the National Bank of Ethiopia (NBE), which sets prudential rules around capital adequacy, reserves, interest-rate guidance, foreign-exchange allocation, and consumer protection.
Products and services
What Debo Microfinance Institution typically offers
Specific terms, rates, and eligibility change frequently; the authoritative source is the bank's official website. These categories are common across Ethiopian commercial banks:
Personal banking
Savings, fixed deposit, current accounts, ATM and debit cards, mobile and internet banking.
Business and SME
Working capital loans, trade finance, business accounts, cash management.
Corporate and treasury
Project finance, syndicated lending, foreign exchange, treasury services.
Diaspora banking
Foreign currency accounts, remittance services, diaspora mortgage and auto loans.
Digital channels
Mobile banking app, USSD services, internet banking, agent banking network.
Interest-free banking
Where offered: Mudaraba and Wadi’ah accounts, Murabaha financing for Shari’ah-compliant customers.
Careers
Working at Debo Microfinance Institution
Debo Microfinance Institution recruits across a standard set of cadres common to Ethiopian microfinance institutions. Most vacancies require a Bachelor's degree in a relevant field (banking, accounting, finance, economics, management, IT, or law). New graduates typically enter through trainee or junior officer roles based in a branch; mid-career hires apply for officer, specialist, or branch-management positions. The requirements in the table below reflect typical vacancy notices published by CBE, Awash Bank, and Dashen Bank between 2023 and 2025.
| Role | Typical requirement | Entry path |
|---|---|---|
| Banking Trainee | BA, fresh graduate, GPA ≥ 2.5 | Direct application |
| Customer Service Officer | BA + 0 to 1 yr experience | Branch posting |
| Junior / Associate Officer | BA + 1 to 2 yrs | Internal or external |
| Senior Officer | BA + 4+ yrs | Promotion / lateral |
| Branch Manager | BA + 6 to 8 yrs, leadership | Promotion |
| Credit / Risk Officer | BA finance + experience | Specialist hire |
| IT Officer | BSc CS or IT + experience | Specialist hire |
| Internal Auditor | BA accounting + CA or ACCA | Specialist hire |
Source: vacancy notices published by Commercial Bank of Ethiopia, Awash Bank, and Dashen Bank, 2023 to 2025.
Salaries combine a basic monthly amount with allowances (transport, housing, position) and an annual bonus tied to bank performance. Specific figures vary by cadre, tenure, and grade. Confirm offers in writing.
How to apply
Five steps from finding the notification to applying
- Step 1Find the active notification on this page's Open positions section, or on the bank's official website.
- Step 2Read the eligibility criteria carefully. Qualification, GPA, age, and experience requirements are enforced strictly.
- Step 3Prepare your CV, scanned credentials (degree, transcript, work experience letters), and a passport photo. Some notifications ask for a brief cover letter.
- Step 4Submit before the deadline through the channel the bank specifies (online portal, walk-in, or designated email).
- Step 5Shortlisted candidates are typically contacted within 2 to 6 weeks for a written exam and / or interview. Keep your phone reachable.
Regulatory context
Supervised by the National Bank of Ethiopia
All microfinance institutions operating in Ethiopia, including Debo Microfinance Institution, are licensed and supervised by the National Bank of Ethiopia (NBE), the country's central bank. The NBE sets prudential rules around capital adequacy, reserve requirements, interest-rate guidance, foreign-exchange allocation, and consumer protection. Institution-specific terms (deposit rates, loan rates, account opening requirements) must comply with NBE directives but otherwise vary across institutions.
Open positions
1 vacancy at Debo Microfinance Institution
Sorted by newest first. Click for full eligibility and how to apply.
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Debo Microfinance Institution vs other Ethiopian microfinances
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Frequently asked
Questions about working at Debo Microfinance Institution
Is Debo Microfinance Institution currently hiring?
What qualifications does Debo Microfinance Institution typically require?
How are salaries structured at Ethiopian banks like Debo Microfinance Institution?
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When was Debo Microfinance Institution founded?
Does Debo Microfinance Institution offer Interest-Free Banking?
How do I apply for a job at Debo Microfinance Institution?
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