The Amhara Credit and Saving Institution (ACSI) - Institutional Profile, Current Status and Future Strategy

Publication Date: May 2004
Published by: Amhara Credit & Saving Institution (ACSI)
Document Type: Other

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How does the Amhara Credit and Savings Institution plan to balance its goals of impact and sustainability?

This paper discusses the following features of Amhara Credit and Savings Institution (ACSI):

• History, vision, mission, values, principles and objectives;
• The rationale for its rural/agricultural focus;
• Ownership and governance, which include:
  • Organizational structure;
  • Client sense of ownership;
  • The control system;
  • Management information system.

The paper also studies the following:

• Products: credit, savings, money transfer and pension fund management;
• Targeting principles for financial services;
• Operational modalities in terms of:
  • Loan size;
  • Group lending;
  • Repayment period and frequency.
• Worth, cost, depth, breadth, length and scope of outreach.

The paper presents ACSI’s financial performance in terms of:

• Profitability – operational and financial sustainability;
• Efficiency – administrative and labour efficiency;
• Loan portfolio analysis – repayment rate, liquidity management;
• Interest rate analysis.

Discussing the future strategy, the paper highlights ACSI’s:

• Product, client and methodological diversification;
• Credit with education.

The paper concludes with a look at the challenges that ACSI faces, like the lack of:

• Skills;
• Demand for non-traditional activities;
• Credit for women;
• Infrastructure;
• Trained manpower.