Reporter (Oct 21, 2026)
Fetno Derash Microfinance Institution S.C.
Bid No.: FDMFI/FAD/001/2019
INVITATION TO BID FOR EXTERNAL AUDIT SERVICE
INSTITUTION PROFILE
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NBE License
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Operations Commenced
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Branches
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Paid-up Capital
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June 29, 2026 (No. MFI/PO79/2026)
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October 5, 2026
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1 (Head Office)
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Birr 104 million
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Fetno Derash Microfinance Institution S.C. invites all interested, eligible and professionally qualified audit firms to provide external audit services for three consecutive fiscal years as per the following details.
BID DETAILS
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S.N
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Service Description
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Unit
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Bid Closing Date
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Bid Opening Date
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1 |
External Audit Service – fiscal years ending June 30, 2027, 2028 and 2029
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set |
November 5, 2026 until 5:00 PM
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November 6, 2026 at 10:30 AM
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- Bid document shall be obtained from the Head Office located at Kolfe Keranio Sub-City, Woreda 9, Mobil (3 kutr mazoriya), Bekele Eshete Building, 4th Floor, Office No. 404, Addis Ababa, upon payment of a non-refundable fee of Birr 200 (Two Hundred Birr Only).
- The bid shall be accompanied by a bid security of Birr 10,000.00 (Ten Thousand Birr) in the form of CPO/bank guarantee valid for 90 days in favor of Fetno Derash Microfinance Institution S.C.
- Bidders shall hold a valid AABE audit license, satisfy NBE Directive No. MFI/37/2024, and show at least 3 years’ audit experience in banks, insurance companies or microfinance institutions, with the CVs of the audit team.
- Must hold renewed business license, a business registration certificate, a Taxpayer Identification Number (TIN) certificate and VAT registration.
- Technical and financial proposals shall be submitted separately, as marked original and copy in sealed envelopes. Prices shall be in Ethiopian Birr, VAT inclusive.
- Bids received after the closing time, or altered or incomplete, will be rejected. Bid opening shall be held in the presence of bidders and/or their representatives, and will proceed even if they are absent.
For further information: Tel: +251 939 929 445 | Email: fetnoderashinfo@gmail.com - Fetno Derash Microfinance Institution S.C. reserves the right to cancel or reject all or parts of this bid.
Fetno Derash Microfinance Institution S.C.