Fair Cash is a regulated mobile microloan from Neo Microfinance Institution S.C. Borrow between ETB 1,000 and ETB 50,000 for 14–90 days, with every cost disclosed before you accept — funds disbursed directly to your Telebirr wallet or bank account.
Fair Cash follows a structured five-step journey from registration through repayment. Every step happens in-app, with supervision from the National Bank of Ethiopia.
Download the Fair Cash app and register using your phone number. This creates your secure account.
Verify your identity using your Fayda ID. All verification happens in-app under NBE-approved procedures.
Choose your loan amount and term. Our credit engine evaluates affordability against your declared income and existing obligations.
You receive a structured approval decision in minutes. Full cost disclosure is shown before you accept.
Approved funds are disbursed directly to your Telebirr wallet or registered Ethiopian bank account.
Fair Cash is a short-term credit product. It is best suited to borrowers who can evaluate their needs clearly and meet their obligations on time.
A reliable, predictable stream of earnings — salaried employment, a steady business, or documented recurring income.
Comfortable reading a loan disclosure, following a repayment schedule, and managing obligations on time.
A specific, defined use for the funds — not speculative borrowing, gambling, or amounts beyond what the need requires.
Borrowing should be approached with caution. If in doubt about affordability, please do not apply.
Four commitments that separate a regulated microfinance institution from unregulated lending apps operating in the market.
Neo operates under NBE supervision as a licensed MFI — not as a marketplace or unregulated app. Your borrowing is protected by Ethiopian law.
Every birr of service fee, interest, or penalty is disclosed in-app before you accept. No hidden charges, no surprise deductions at disbursement.
Our credit engine assesses affordability against your income and existing obligations — approving only loans you can responsibly repay.
Apply, borrow, and repay entirely from your phone — via Telebirr and Ethiopian bank rails. No paperwork, no branch visits required.
Below is a representative Fair Cash loan at a typical amount and tenure. Your actual offer is calculated in-app at the point of application, against NBE-approved schedules and your personal credit assessment.
A microfinance licence is a responsibility — not just a permission. These four principles govern every loan Neo originates.
Fair Cash is operated by Neo Microfinance Institution S.C. — a registered Ethiopian share company licensed by the National Bank of Ethiopia as MFI No. 41 under Proclamation No. 626/2009, as amended by Proclamation No. 1164/2019.
Alongside Fair Cash, Neo MFI operates Green Finance (a pilot secured-lending product for approved electric vehicles) and Business Finance (traditional working-capital and term loans for micro and small enterprises). Every Neo product operates under the same regulatory framework, the same Responsible Lending Pledge, and the same supervisory oversight.
Neo is a member of the Association of Ethiopian Microfinance Institutions (AEMFI).
Visit Neo MicrofinanceAnswers to the questions most borrowers ask about Fair Cash. For anything not covered here, our support team is reachable during business hours.
Download Fair Cash on iOS or Android and complete your Fayda-verified registration in under five minutes. Your first credit decision is instant, and every cost is disclosed before you accept.
Our customer support team is committed to clear and accessible communication. Phone support is intended primarily for urgent repayment matters; for general questions, use in-app support or email as the fastest channels.