Efoyta

Wegagenbanksc

About this app

Discover Efoyta Digital Lending, Wegagen Bank's pioneering platform revolutionizing access to finance in Ethiopia. Designed for micro, small, and medium enterprises (MSMEs) and individuals, Efoyta offers fast and automated loans through an AI-powered smartphone application that is powered by Qena Digital Lending. It features seamless online loan applications, precise digital offer analysis using advanced credit assessment algorithms, and efficient online debt collection procedures.
Offering uncollateralized loans tailored for businesses engaged in trading operation, Efoyta contains a product called Wasse targeting informal business traders such as Gulit Traders, Roadside Traders, and Informal Coffee Houses. This innovative platform empowers entrepreneurs with streamlined access to short-term working capital loans, supporting business growth effortlessly.
Experience the future of digital lending with Efoyta. Download the app today and transform your business financing experience

Ratings and reviews

The indeterest rate is to high on wase loan service it says 0.95% daily. That means 28.5 % monthly Wich means I have to pay for monthly loan of 15,000 birr the interest is 4,275 is it correct or not just to know

rejected me for no reason, i tried a few timea after but no luck even after alot of activity on my account. not as trused and cinsiderate as advertised. false advertise, not trust worthy!

the flow and everything is wrong, it just says your loan has been rejected and is stuck in that page.no way of changing the loan offer! very disssapointing

What’s new

Minor Design and Feature Updates