Bilal Microfinance Institution (BMFI) was officially established on February 23, 2024, by 851 shareholders, with an initial paid-up capital of 22.5 million Birr. The institution commenced its operations in July 2024, launching its first branch and offering full-fledged interest-free microfinance services.
In less than a year, BMFI has expanded its footprint to three branches and built a team of 24 committed staff. Despite operating under a challenging environment characterized by capital constraints, inflation, and a volatile market, the institution has registered promising operational achievements. As of May 2025, BMFI has:
- Mobilized 6 million Birr in deposits from 2,627 depositors
- Disbursed 16 million Birr in financing to 116 loan clients
These early successes reflect strong demand for Islamic microfinance services and community trust in BMFI’s mission.
Bilal Microfinance Institution S.C. is a full-fledge interest free microfinance institution established based on the NBE Directive No. MFI/32/2021 to provide sharia compliant and inclusive microfinance services that provide access to the community excluded from financial services due to interest.
Position 1: Branch Cashier
Qualification: Diploma or BA Degree in Accounting, Finance, Banking or related field.
Experience: 0–2 years relevant experience in cashier or related work, preferably in a financial institution.
Place of work: Addis Ababa Branches
Position 2: Branch Accountant
Qualification: BA Degree in Accounting from a recognized higher education institution.
Experience: Minimum of two (2) years relevant work experience as an Accountant in a financial institution.
Place of work: Adama Branch, Addis Ababa
Position 3: Branch Accountant
Qualification: BA Degree in Accounting from a recognized higher education institution.
Experience: Minimum of two (2) years relevant work experience as an Accountant in a financial institution.
Place of work: Adama Branch, Addis Ababa
Deadline: March 25, 2026
How to Apply:
- Interested and qualified applicants are invited to submit their application letter, updated CV and copies of relevant credentials via email or in person.
- Contact: +251 904 951020
- Email: info@bilalmfi.com
- Note: Only shortlisted candidates will be contacted.
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