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Dedebit Credit And Saving Institution SC
Dedebit Credit and Savings Institution SC (DECSI) is a microfinance institution operating in Tigray Region, in northern Ethiopia. With over 460,000 customers, the DECSI is one of the four largest MFIs in Africa. History In 1993, the Relief Society of Tigray (REST), the main NGO in the region, launched a socio-economic poverty survey in rural areas. Lack of access to credit appears as one of the major obstacles to the rehabilitation of the region and its development.http://www.sosfaim.org/pdf/en/zoom/ZoomDecsiEng.pdf{{Dead link, date=July 2019 , bot=InternetArchiveBot , fix-attempted=yes A program of credit is created to help increase agricultural production, stimulate the local economy, reduce the influence of moneylenders and increase incomes of the poor. The first operations began in 1994 and the organization will be legally recognized in 1996 as part of the first law on microfinance in Ethiopia enacted that year. During its growth DECSI received financial support from Novib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mekele 8
Mekelle ( ti, መቐለ, am, መቀሌ, mäqälle, mek’elē) or Mekele is a special zone and capital of the Tigray Region of Ethiopia. Mekelle was formerly the capital of Enderta awraja in Tigray. It is located around north of the Ethiopian capital Addis Ababa, with an elevation of above sea level. Administratively, Mekelle is considered a Special Zone, which is divided into seven sub-cities. It is the economic, cultural, and political hub of northern Ethiopia. Mekelle has grown rapidly since 1991 with a population of 61,000 in 1984, 97,000 inhabitants in 1994 (96.5% being Tigrinya-speakers), and 170,000 in 2006 (i.e. 4% of the population of Tigray). Mekelle is the second-largest city in Ethiopia after Addis Ababa, with a population of around 545,000. It is 2.6 times larger than Adigrat, the second-largest regional center. The majority of the population of Mekelle depends on government employment, commerce, and small-scale enterprises. In 2007, Mekelle had new engineering ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microfinance
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.Christen, Robert Peck Christen; Rosenberg, Richard; Jayadeva, Veena. ''Financial institutions with a double-bottom line: Implications for the future of microfinance''. CGAP, Occasional Papers series, July 2004, pp. 2–3. ID Ghana is an example of a microfinance institution. Microfinance initially had a limited definition: the provision of microloans to poor entrepreneurs and small businesses lacking access to credit. The two main mechanisms for the delive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tigray Region
The Tigray Region, officially the Tigray National Regional State, is the northernmost regional state in Ethiopia. The Tigray Region is the homeland of the Tigrayan, Irob, and Kunama people. Its capital and largest city is Mekelle. Tigray is the fifth-largest by area, the fifth-most populous, and the fifth-most densely populated of the 11 regional states. Tigray's official language is Tigrinya, similar to that spoken in Eritrea just to the North. The estimated population as of 2019 is 5,443,000. The majority of the population (c. 80%) are farmers, contributing 46% to the regional gross domestic product (2009). The highlands have the highest population density, especially in eastern and central Tigray. The much less densely populated lowlands comprise 48% of Tigray's area. Like many parts of Africa, Tigray is far from a religious monolith. Despite the historical identification of Ethiopia with Orthodox Christianity, the presence of Islam in Ethiopia is as old as the religion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethiopia
Ethiopia, , om, Itiyoophiyaa, so, Itoobiya, ti, ኢትዮጵያ, Ítiyop'iya, aa, Itiyoppiya officially the Federal Democratic Republic of Ethiopia, is a landlocked country in the Horn of Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east and northeast, Kenya to the south, South Sudan to the west, and Sudan to the northwest. Ethiopia has a total area of . As of 2022, it is home to around 113.5 million inhabitants, making it the 13th-most populous country in the world and the 2nd-most populous in Africa after Nigeria. The national capital and largest city, Addis Ababa, lies several kilometres west of the East African Rift that splits the country into the African and Somali tectonic plates. Anatomically modern humans emerged from modern-day Ethiopia and set out to the Near East and elsewhere in the Middle Paleolithic period. Southwestern Ethiopia has been proposed as a possible homeland of the Afroasiatic langua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Africa
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With billion people as of , it accounts for about of the world's human population. Africa's population is the youngest amongst all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Despite a wide range of natural resources, Africa is the least wealthy continent per capita and second-least wealthy by total wealth, behind Oceania. Scholars have attributed this to different factors including geography, climate, tribalism, colonialism, the Cold War, neocolonialism, lack of democracy, and corruption. Despite this low concentration of wealth, recent economic expansion and the large and young population make Afr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Relief Society Of Tigray
The Relief Society of Tigray (abbreviated REST; ti, ማሕበራዊ ረዲኤት ትግራይ or ማረት, ''Maret'') is an NGO based in Tigray, northern Ethiopia. REST was founded in 1978 as an organisation providing relief efforts to civilians. As of 2008, Teklewoini Assefa served as Executive Director of REST.Royal Norwegian Embassy in Addis Ababa. Relief Society of Tigray celebrates 30th Anniversary' REST emerged as the humanitarian wing of the Tigray People's Liberation Front (TPLF) and has remained closely linked to TPLF. REST was active throughout the armed conflict of the 1980s, including during the devastating 1984–1985 famine. Since the 1990s it is the major NGO operating in Tigray. Emergence and civil war of the 1980s Prior to the TPLF and Ethiopian People's Revolutionary Democratic Front (EPRDF) overthrowing the Derg government in 1991, REST worked in the areas under the control of the TPLF, operating over 60 schools and 53 clinics. The organization had a l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SOS FAIM
is a Morse code distress signal (), used internationally, that was originally established for maritime use. In formal notation is written with an overscore line, to indicate that the Morse code equivalents for the individual letters of "SOS" are transmitted as an unbroken sequence of three dots / three dashes / three dots, with no spaces between the letters. In International Morse Code three dots form the letter "S" and three dashes make the letter "O", so "S O S" became a common way to remember the order of the dots and dashes. (, , , and form equivalent sequences, but traditionally is the easiest to remember.) , when it was first agreed upon by the International Radio Telegraphic Convention in 1906, was merely a distinctive Morse code sequence and was initially not an abbreviation. Later in popular usage it became associated with mnemonic phrases such as "Save Our Souls" and "Save Our Ship". Moreover, due to its high-profile use in emergencies, the phrase "SOS" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Of Ethiopia
Ethiopia is a country located in the Horn of Africa. According to the IMF, Ethiopia was one of the fastest-growing economies in the world, registering over 10% economic growth from 2004 through 2009. It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008. In 2015, the World Bank highlighted that Ethiopia had witnessed rapid economic growth with real domestic product (GDP) growth averaging 10.9% between 2004 and 2014. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. File:Ethiopian Commercial Bank Addis Abeba.jpg, A Commercial Bank of Ethiopia building in Addis Ababa. File:Ethiopian Airlines Boeing 787-8 ET-AOS FRA 2012-10-28.png, An Ethiopian Airlines Boeing 787 Dreamliner at Frankfurt Airport. File:Bus addis abeba.jp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microfinance Organizations
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.Christen, Robert Peck Christen; Rosenberg, Richard; Jayadeva, Veena. ''Financial institutions with a double-bottom line: Implications for the future of microfinance''. CGAP, Occasional Papers series, July 2004, pp. 2–3. ID Ghana is an example of a microfinance institution. Microfinance initially had a limited definition: the provision of microloans to poor entrepreneurs and small businesses lacking access to credit. The two main mechanisms for the deliver ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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