SiinQee Lease - Our Leasing Solutions
General Review

Objective of SiinQee Lease before known as Oromia Capital Goods Finance Business Share Company

Siinqee Capital Goods Finance Business Share Company (formerly OCGFBSC) is a premier financial institution Licensed by the National Bank of Ethiopia (NBE). We are strategically established to finance Capital Goods for Micro, Small and Medium Enterprises (MSME) through Hire Purchase or financial leasing.

Our primary goal is to support the development and transformation of the manufacturing sector within the region and beyond. We aim to be the best and most preferable leasing company by the year 2030 GC in Ethiopia, serving as a leading advisor and arranger of bridging finance and property development finance.

NBE Licensed
Vision 2030

NBE Regulated
Institution

Ensuring security and professional excellence in capital financing.

Flexible Financing Models

Our Leasing Solutions

We offer two distinct pathways to equipment ownership, designed to support Micro, Small, and Medium Enterprises (MSMEs) in their journey toward industrial excellence.

Financial Lease

A strategic financing method for acquiring capital goods where Siinqee Lease (Lessor) provides the equipment for your business (Lessee) use over a specified period.

  • Rental Payments: Pay agreed rent over a fixed term.
  • Ownership Transfer: Full ownership can be transferred to you at the end of the term.
  • Transparent Terms: Transfer amount is pre-agreed at the start of the lease.
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Hire Purchase

An incremental ownership model where equity in the capital goods is transferred to your business progressively with every installment made.

  • Gradual Equity: Part ownership transfers with each payment.
  • Final Installment: Upon the final payment, the lessee automatically becomes the full legal owner.
  • Asset Building: Ideal for firms looking to build balance sheet strength quickly.
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About Us | Siinqee Lease

Our Story & Leadership

Driving economic transformation through inclusive and sustainable leasing solutions for all MSMEs.

CEO

Message From the CEO

"At Siinqee Lease, we don't just provide equipment; we provide the wheels of growth for every dreamer in Ethiopia."

Welcome to Siinqee Lease. Our commitment is to bridge the financial gap for small and medium enterprises. We believe that by providing access to capital goods, we are not just helping businesses—we are fueling the engine of our national economy.

— Chief Executive Officer | CEO


Mrs. Chala

Our History

From a vision of financial inclusion to a leader in the leasing industry.

Oromia Capital Goods Finance Business Share Company was established to address one of the major barriers faced by businesses—limited access to finance due to collateral requirements. The company was founded to provide practical leasing solutions that enable micro, small, and medium enterprises (MSMEs) to acquire essential machinery, vehicles, and other capital goods needed to grow and compete.

The company began its journey with a paid-up capital of Birr 200 million, established by seven town administrations and one individual shareholder. Over the years, increasing demand for asset-based financing and strong stakeholder commitment have driven steady institutional growth, raising the company's paid-up capital to Birr 725 million today.

To strengthen its market presence and build a clear identity in the leasing industry, the company introduced its new market brand, Siinqee Lease Finance. This rebranding reflects the company's commitment to becoming a trusted leasing partner that supports business expansion through accessible and innovative financing solutions.

The brand's logo draws inspiration from the Oromo Headrest, symbolizing stability and support. Its upward-pointing arrow shapes represent growth, progress, and the journey of businesses toward success, while the upper bar reflects the stability and achievement reached through reliable financial partnership.

Today, Siinqee Lease Finance continues to empower businesses by expanding access to capital goods financing, helping enterprises grow, create jobs, and contribute to sustainable economic development.

👁️

Our Vision

To be the Best and preferable leasing company by the year 2030 GC in Ethiopia.

🎯

Our Mission

Providing affordable and cost-efficient Capital Goods Finance Services to Micro matured Small and Medium Enterprises so as to improve their product quality and productivity through contribution of the transformation process of the manufacturing, service, Construction and agriculture sector.

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Core Values

  • Continuous Improvement
  • Team work
  • Transparency
  • Accountability
  • Integrity

Board of Directors

Director Name
Chairperson
Director Name
Member
Director Name
Member

Executive Management

Alemitu Bekele
CEO
Executive Name
CFO
Executive Name
Operations Director

Organizational Flow

Board of Directors
Chief Executive Officer (CEO)


Finance & Admin
Accounts | HR
Operations
Credit | Recovery
Strategy & IT
Digital Trans. | Marketing

Branches

SiinQee Branches & Service Areas
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