Institution provides over 918 mln birr loan

  • PDF

Addis Ababa, 8 April 2014 (WIC) - Addis Credit and Saving Institution (ADCSI) said it has disbursed over 918 million birr loan to beneficiaries during the last eight months of this budget year.
Institution Public Relations Head, Mieraf Alemayehu, told WIC the loan was distributed to 18, 983 people engaged in small and micros enterprises (SMEs), manufacturing, construction, and trade and service sectors.
The plan was to provide close to 959 million birr to 21,159 people, according to Mieraf.
She said the institution also collected more than 681.2 million birr saving from clients, surpassing its projected targets by more than 94.8 million birr.
Established 2000, ADCSI is contributing its share in the efforts to alleviate unemployment in the city, it was learnt.

Subscribe to get latest news

Visitors Counter

mod_vvisit_counterThis week196658
mod_vvisit_counterLast week281452
mod_vvisit_counterThis month1072220
mod_vvisit_counterLast month1271595
mod_vvisit_counterAll days( since may 28, 2013)13478310

We have: 360 guests, 41 bots online
Today: Jul 30, 2014