Amhara Credit and Savings Institution
Amhara Credit and Savings Institution S.C (ACSI) is a micro finance institution operating primarily in the Amhara region.
Amhara Credit and Saving Institution (ACSI) was established in the Amhara Region, Ethiopia, aiming to feel the gap of formal institutions to meet the need of small-scale borrowers in income generation schemes.
ACSI's operation is traced back to 1995. In 1996 was the year when ACSI had undertaken its pilot activities. ACSI was licensed as a micro finance Institution in April 1997. Its operation will remain in Amhara region, but increasing outreach by 50% by expanding to more villages/Peasant Associations.
ACSI's mission which has remained intact over the last ten years, is to improve the economic situation of low income, productive poor people in the Amhara region through increased access to lending and saving services. It will maintain cost effectiveness in service delivery, and integrates its activities with government and NGO's working towards achieving food security and poverty alleviation in the region.