Tulip Addis Has signed an Agreement with Vision Fund Micro Finance Institute

Tulip Addis Has signed an Agreement with Vision Fund Micro Finance Institute

As Tulip Addis main target is to reach the lower income society on its social marketing strategy it has reached with an agreement with vision Fund Micro Finance to facilitate its product with financing credit for its customers. The parties agree to partner, cooperate and deliver in good faith.

The environmental health and social benefits of distributing WASH product in Ethiopia in all regions with vision fund 57 branches are the main driving force for the joint collaboration. Acknowledging the vulnerable position of many if not all the potential target end-users who benefit of the joint relationship set thereof, a fair and transparent way to determine prices, margins and interest rates for the product is promoted and strongly supported by the parties. This agreement will allow the clients to access credit from VF to purchase Tulip Addis table top water product.

The general manger Ato Getaw has expressed his deepest gratitude for the effort VF management is taking to facilitate the credit facility for the lower income people and the cooperation will grow to benefit the society.