Ethiopia is a country of diversity in its true sense—home to different cultures, traditions, religions, and languages. As a result, we find different indigenous institutions, some of which focus on financial services. The frequent natural and manmade calamities that affect the country have made interdependency essential for the survival of the communities. So, providing credit and other support is considered a moral obligation. Ethiopia has a significant number of people who have no access to formal financial institutions, so the informal credit market plays a critical role in the people’s economy. This chapter provides rare primary data from Ethiopia. The chapter explains how informal credit actors interact, how they prudently adapt to some of the substantive and formal requirements of the official laws, and how they use the laws to enhance and protect the transactions in the informal credit markets. On the other hand, when the laws appear less rational and inappropriate, they design effective strategies to avoid the official rules and replace them with laws that they consider more proper for their purpose. This part of the book is based on the author’s field research.