Thursday 26th November 2015


news menu leftnews menu right

ACSI likely to attain its target in GTP PDF Print E-mail
By Administrator   
Tuesday, 08 January 2013 12:20

The Addis Credit and Saving Institute said it has loaned more than a billion birr to more than 78 customers as part of its target in the Growth and Transformation Plan (GTP). Institute Deputy Managing Director, Shebir Berhanu, told ENA that the institute has been striving to support Micro and Small Enterprises. He said the institute is working to reach a lending capacity of 1.2 billion birr and to solicit 80 percent of savings for loan service. Currently, the institute is lending up to one million birr and focusing on satisfying customers through efficient service. He said the institute, which has 21 branch offices, is striving to expand its accessibility using modern technology. The deputy head said the institute is assisting government efforts towards creating jobs. To this end, the institute has attached prime importance to potential sectors for job creation that include construction, urban agriculture, trade and other sectors. The deputy head said the institute has registered encouraging results since the implementation of the GTP.

blog comments powered by Disqus


1. Do you think the Addis Ababa Light Railway will ease the transport problem in the city?

(49586 votes)

33.8%   (16764)
33.1%   (16430)
33.1%   (16392)


2. Do you think the mega projects in the country will affect small businesses?

(188312 votes)

8.4%   (15902)
91.5%   (172238)
0.1%   (172)

Powered by Spearhead Softwares Joomla Facebook Like Button
Follow us on Twitter


The Dramatic History of Addis Ababa Part 13: The Beginnings of Cabinet Government

The object of the present series of articles is to consider how the founding and early growth of Addis Ababa witnessed Transformation in other fields of Ethiopian economic, social and political life. read more...


Name: Mahelet  K/Mariam
Education: Degree in Electrical Engineering
Company name: Pita  Corner
Studio title: Owner and Manager  
Founded: 2015
What it does: Preparing and selling pita wraps
HQ: Bole Medhainalem behind Redwan Building


We live in a country abundant with resources but the question is whether we are using them wisely. It is often amazing to see how resources are managed inefficiently or misused



Noted political analysts argued that starting from 2007; the US was already in the process of engineering the overthrow and destruction of all prevailing political orders across the Middle East and North African (MENA) region. read more...