Service Outreach and Sustainability Of Oromia Credit and Saving Share Company

Abstract

Now a day’s microfinance is a useful means of intervention for development strategy for Ethiopia, to reduce poverty by reaching people who are unable to offer collateral for formal banking loans. In addition, at present, institutional sustainability is becoming the guiding principle for microfinance institutions. The issues of reaching the poorest of the poor and ensuring sustainability are among areas of ongoing debate in the microfinance sector. This study ,therefore, was conducted to evaluate service outreach and sustainability of Oromia Credit and Saving Share Company. The source of data collections primary data was collected from various individual household and branches of the company and The study was designed as descriptive research type and Qualitative and Quantitative Research approach was formulated to achieve the objective evaluation of the service outreach and sustainability performance of Oromia Credit and Saving Share Company. Data was obtained from sample branch of the Company .and In order to collect the data 147 sample clients out of population size 2702 and simple random sampling and convenient sampling methods were employed for questionnaire respondents and interviewee selection. To analyze both qualitative and quantitative analysis were used. Ratio analysis, trend analysis, SPSS and MS-Excel computer programs in relation with tables and charts were important