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Digaf MFI review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Digaf MFI is a small-ticket direct lender for salaried workers in Ethiopia needing a short personal or payday loan repaid fast. Prices start with a service charge of 75-575 ETB service charge, tiered by loan amount on fixed terms for a term of 1.

Key facts

Best for
Salaried Ethiopian workers covering a short personal or payday gap.
Loan amount
ETB 500 to ETB 10,000↗
Term
1 month↗
Arrangement fee
75-575 ETB service charge, tiered by loan amount↗
Funding time
Disbursed to bank account shortly after approval↗
Rate type
Fixed↗
Lender type
Direct lender↗
Eligibility
18+ Ethiopian citizen with renewed Kebele ID or passport, minimum monthly gross salary 1,500 ETB, employed 6+ months with a reputable tax-paying company↗
Origination fee (%)
5%↗
Loan types
Personal, Payday, BNPL, Business↗
Legal entity
Digaf Micro Credit Provider S.C.↗
Headquarters
Ethiopia↗
Support channels
Phone, Email, Community↗
Pricing model
Fixed rate
Features
Same-day funding
Official website
digafmfi.et

Facts checked September 26, 2026, 4 sources

Pros and cons

Pros

  • Money moves fast: Disbursed to bank account shortly after approval.
  • Fixed pricing, fixed terms, so the repayment figure does not change during the loan.
  • One counterparty, direct lender, so approval and the agreement come from the same firm.
  • Support runs on phone, email and community.

Cons

  • The listed cost is a tiered service charge of 75-575 ETB service charge, tiered by loan amount, so the fee paid depends on how much is taken.
  • The only term is 1, so anything longer has to be financed elsewhere.
  • Support runs on phone, email and community only, with no live chat and no separate help centre.
Digaf MFI

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Scored 8.8 / 10 by SumCue.

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Who it suits

  • Salaried staff at a reputable tax-paying company in Ethiopia who need a small loan quickly.
  • Adults with a renewed Kebele ID or passport and a minimum monthly gross salary, meeting the stated eligibility.
  • People who want a fixed, short loan with the money in the bank account fast, covered by same day funding.

Who should look elsewhere

  • Borrowers after a longer schedule, since the only term is 1; Sofkredit at €12,000 to €300,000 is the larger euro option to weigh.
  • Anyone self-employed, because eligibility names a job with a reputable tax-paying company; Creduma ES at from €12,000 suits a different scale of borrowing.

Deposit protection

Digaf MFI is a direct lender, direct lender, so the firm that decides whether to lend is the same firm that carries the balance. Approval, pricing and repayment all sit under one agreement rather than being handed to a broker or a marketplace. That structure suits borrowers who want one counterparty on the loan and one place to take a repayment question, and it keeps the cost of borrowing inside a single set of terms.

How Digaf MFI compares

Where Digaf MFI is available

Available
Ethiopia
Licence in Ethiopia
National Bank of Ethiopia, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does Digaf MFI charge to borrow?+

Digaf MFI lists a service charge of 75-575 ETB service charge, tiered by loan amount alongside an origination rate of 5% of the amount borrowed. Interest is fixed, fixed, so the figure repaid is set when the loan is agreed rather than drifting afterwards.

How much can I borrow and over what term?+

Loan amounts run ETB 500 to ETB 10,000, and the only term listed is 1. That makes this a short single-purpose loan rather than something spread over years, so anyone borrowing for a larger, longer project would need a lender that stretches the schedule.

Who can apply for a Digaf MFI loan?+

Digaf MFI, Digaf Micro Credit Provider S.C., lends to adults who are Ethiopian citizens holding a renewed Kebele ID or passport, meet a minimum monthly gross salary, and have worked for a qualifying period at a reputable tax-paying company. Salaried staff with documents in order are the group this suits.

How fast does the money arrive?+

Disbursed to bank account shortly after approval, and same day funding is one of the features listed. Because the lender is a direct lender, approval, pricing and payout sit with the same firm, with no third party passing the money on for you.

What kinds of loan are on offer?+

The list runs to personal, payday and bnpl, so personal, payday, buy-now-pay-later and business borrowing all sit with one provider, priced on fixed terms with the service charge of 75-575 ETB service charge, tiered by loan amount.

Is Digaf MFI regulated?+

The licence for this market, ET, names the National Bank of Ethiopia as the regulator. The company behind the brand is Digaf Micro Credit Provider S.C., a direct lender, so approval and the loan agreement come from the same firm and the money is paid into a bank account to be repaid.

How do I get help with my loan?+

Support runs on phone, email and community, so phone, email and community are the routes in. There is no live chat listed and no separate help centre in that set, which matters if a repayment question has to be settled in one go rather than over a thread.

How does this compare with a longer-term lender?+

On term, Digaf MFI sits at 204 out of 226 brands, so a term of 1 is at the short end of the borrowing market. Cashspace offers PHP 500 to PHP 25,000 and Sofkredit €12,000 to €300,000, both worth weighing for a longer schedule.

Sources

  • digafmfi.et checked September 26, 2026

    Backs: Eligibility, Pricing model, Origination fee (%), Rate type

    “eligible Ethiopian citizen (over 18 years) with a renewed Kebele ID or Passport An Individual with a regular source of income with a minimum monthly gross salary of 1500 ETB Employment of longer than...”

  • digafmfi.et/about checked September 26, 2026

    Backs: Headquarters

    “Addis Ababa, Bulbula Refenti Building 2nd floor”

  • digafmfi.et/services checked September 26, 2026

    Backs: Features, Funding time, Loan types

    “Demoz Pay Day lets you borrow up to 1/3rd of your gross salary instantly at your desired time”

  • digafmfi.et/terms checked September 26, 2026

    Backs: Loan amount, Legal entity, Lender type, Arrangement fee, Support channels, Term, Licences

    “500-1,000 birr: 75 birr service charge ... Maximum loan amount 10,000 birr”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: APR, Credit check, Representative example.

Digaf MFI

Digaf MFI

Salaried Ethiopian workers covering a short personal or payday gap.

8.8/10See alternatives