Microfinance in Ethiopia: Performance, Challenges and Role In Poverty Reduction
The 1999/2000 Household Income Expenditure Survey and Welfare Monitoring Survey (WMS) conducted by the Central Statistical Authority (CSA) states that about 44.2 percent of the people of Ethiopia live below the absolute poverty line. Poverty in the country is the result of many complex factors and the interventions needed to reduce it are diverse. The […]
Governance and Ownership Structure of Microfinance Institutions in Ethiopia
Microfinance in Ethiopia is an infant industry, which is currently operated by 21 institutions. The ownership structure of the MFIs is a mixture of local NGOs, public organizations, associations, and individuals. Based on the requirements of Proclamation No. 40/96 issued to regulate the business of microfinance in the country, the existing MFIs have been registered […]