Aggar Micro Finance Share Company (AMFSC) is the first commercial private microfinance licensed in line with NBE regulation on March 18/2004 and started operation in April 2004. It was initiated by few enlightened individuals to address the “missing middle” as often called the MSE’s. The founders envisioned to address both social and profitability objectives. Aggar was established by 443 shareholders with paid up capital of Birr 4,243,600.00. Currently its shareholders grew to more than 830 and its paid up capital is more than 370.4 million.