Michu

Cooperative Bank of Oromia- Coopbank

About this app

Michu is one of the Cooperative Bank of Oromia's pioneering digital financing platforms in Ethiopia, aimed towards MSMEs and mass populations. It is an AI-powered smartphone application that provides an online loan application, digital offer analysis using a credit assessment algorithm that goes beyond belief, and online debt collection procedures. Customers can use non-collateralized loans through Michu with the sole requirement of engaging in trading operations. Making its basis on different business areas, Michu contains two products called Wabii and Guyyaa, which target formal line business traders (micro retailers, Coffee Houses , Fast Food Corners and etc.) and informal line business traders (Gulit Traders, Roadside Traders, Informal Coffee house and etc.), respectively.

Ratings and reviews

The interface is so user friendly that anyone can process michu loan easily but the thing is this app keeps crashing over and over showing "unknown error" please fix it

I Really love the app and i also processing a loan that other banks won't give that much loan, it makes your bank unique , but am still facing problem that after getting contract agreement the system isn't working and i have tried to contact to your customer support but still not resolved. The other thing i want to recommend is that you better give more days for the repayment so that you can add some % interest rate.

Michu, as its name is like a close friend! It is a lovely app with ease of access, simplicity and reliability. The reason behind why I give four stars is sometimes the app refuses to connect to the server even when the network is fine! Thanks Michu!

What's new

New Version of Michu app