Amhara Bank Lewedaje review

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

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Our verdict

Amhara Bank Lewedaje lends directly to informal traders and MSME owners in Ethiopia, with amounts of ETB 2,000 to ETB 30,000 and same-day funding that suits short working capital gaps. Ask for the rate and any charges on your product before you sign, since published pricing details are thin.

Key facts

Best for
Borrowers in Ethiopia who need a small business or payday loan released quickly.
Loan amount
ETB 2,000 to ETB 30,000 (Source, checked September 26, 2026)
Term
15 to 30 months (Source, checked September 26, 2026)
Credit check
Soft prequal (Source, checked September 26, 2026)
Funding time
Instant (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Individuals and MSMEs in Ethiopia; Lewedaje products target women informal traders and women formal business owners (Source, checked September 26, 2026)
Loan types
Business, Payday (Source, checked September 26, 2026)
Legal entity
Amhara Bank S.C. (Source, checked September 26, 2026)
Headquarters
Ethiopia (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Features
Same-day funding
Official website
amharabank.com.et

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInX

Pros and cons

Pros

  • Funds arrive the same day, with same day funding and Instant funding for accepted applications
  • Loan sizes of ETB 2,000 to ETB 30,000 cover small stock purchases and day to day trading needs
  • A soft prequalification check, soft prequal, is easier on thin credit files than a hard search
  • Direct lender, so direct lender means you deal with the bank rather than a broker or marketplace

Cons

  • Support runs on email, phone and help centre only, and no branch counter or in-person channel is listed
  • Repayment terms of 15 to 30 are short next to the 42 median for business loans listed here
  • Borrowings are capped at ETB 2,000 to ETB 30,000, so larger stock or equipment orders will need a bigger facility elsewhere
Amhara Bank Lewedaje

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Scored 9.3 / 10 by BorrowCue.

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Who it suits

  • Women informal traders and women formal business owners in Ethiopia looking for working capital
  • MSMEs that need working capital released within the day without a long wait for payout
  • Borrowers with limited credit history who would rather start with a soft prequalification check than a full one

Who should look elsewhere

  • Anyone who needs a repayment period longer than 15 to 30 to spread a larger purchase
  • Borrowers who want a published rate and fee sheet in hand before they commit to an application
  • People based outside Ethiopia, since ET is the only market the lender serves here

The company behind it

The lender is Amhara Bank S.C., based in Ethiopia, and it is a direct lender rather than a broker, so applications and servicing stay with the bank itself. Lewedaje targets individuals and MSMEs, with products aimed at women informal traders and women formal business owners. Help runs on email, phone and help centre, which covers phone, email and a help centre but lists no chat or community option.

How Amhara Bank Lewedaje compares

Where Amhara Bank Lewedaje is available

Available
Ethiopia

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

Frequently asked questions

How much can I borrow from Amhara Bank Lewedaje?+

Loans run from ETB 2,000 to ETB 30,000, which suits stock purchases and small trading needs rather than large purchases. Both business and payday products sit inside that range, so ask which product your amount belongs to before you commit.

How quickly is the money paid out?+

Funding is listed as Instant and the same-day feature is recorded as same day funding. That makes it workable for a short-term cash gap, provided your application is approved in time for the same session.

Will applying affect my credit file?+

The credit check on offer is soft prequal, a soft prequalification rather than a hard search. Hard checks are the norm on 68.6%, so a soft first step is gentler on a thin credit file.

What will the loan cost me?+

Costs are not given as a rate or a fee for these products, so the figure has to be requested before you apply. Compare that quote against the payday median of 36.5% to judge whether the offer is reasonable.

How long do I have to repay?+

Repayment terms are 15 to 30. That is shorter than the business loan median of 42, so check the instalment against your trading income before committing to a longer schedule.

Who can apply?+

Eligibility covers individuals and MSMEs in Ethiopia, and Lewedaje products are aimed at women informal traders and women formal business owners. The lender operates in Ethiopia, so applicants outside that market are not covered.

How do I get help with my application?+

Support runs on email, phone and help centre, which means phone, email and a help centre. No chat or community channel is listed, so phone is the quickest route for a question while an application is moving.

Does the lender sit between me and the money?+

The lender kind is direct lender, so you deal with the bank itself rather than a broker who passes your details on. Direct lenders make up 72.1% of the lenders listed, so this is the commonest setup.

Sources

  • play.google.com/store/apps/details checked September 26, 2026

    Backs: Loan amount, Credit check, Eligibility, Loan types, Term

    “Fetan Lewedaje Nano Loan - Strating from 2,000 to ,5000 birr; Derash Lewedaje Micro Loan - Strating from 10,000 to 30,000 birr”

  • amharabank.com.et checked September 26, 2026

    Backs: Headquarters, Legal entity, Support channels

    “HQ, Ras Mekonnen Ave, Leghar, Addis ababa, Ethiopia”

  • amharabank.com.et/loan-services checked September 26, 2026

    Backs: Features, Funding time, Lender type

    “Lewedaje app works like a credit card allowing users to get an instant loan”

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: APR, Arrangement fee, Representative example.

Amhara Bank Lewedaje

Amhara Bank Lewedaje

Borrowers in Ethiopia who need a small business or payday loan released quickly.

9.3/10See alternatives

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