Teklahaimanot Area Community Cooperative Bank Project


As aforementioned in the previous sections, the project was initiated in 2009 in collaboration with the target community to enable them establish their own cooperative bank through their self-help business groups. The project works towards organizing many self-help groups in the area so that they are able to establish their own bank as per the country’s law. So far from the beginning of the project, about 873 low income people were organized into self-help groups and saved more than half of a million Birr which is equivalent to about USD 30,000.00. The community bank, therefore, is planned to be established by 2025. The source of fund will be members of the self help groups and other interested donors, business companies, etc to support cooperatives of the self help groups in the project.

Teklehaimanot Area Community Cooperative Bank Formation Discussion

Teklehaimanot Area Community Cooperative Bank Formation Discussion

Teklehaimanot Area Community Cooperative Bank Formation Discussion

Teklehaimanot Area Community Cooperative Bank Formation Discussion

Teklehaimanot Area Community Cooperative Bank Formation Discussion

Teklehaimanot Area Community Cooperative Bank Formation Discussion