Microfinance Savings in Ethiopia
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Transcript of Microfinance Savings in Ethiopia
Current VS/LP Ratios – 125% cover required to give 100% after satisfying 20%
Liquidity Reserve
0%
10%
20%
30%
40%
50%
60%
70%
80%
8 Participating WEDP MFIs
Perc
en
tag
e o
f L
P c
ov
ere
d b
y V
S
VS DESIRABILITY
STRATEGIC FOR GTP
IT’S RELATIVELY LOW
COST FINANCING
SOME MFI SUPPORT
NEEDS VS
READILY AVAILABLE
EMBEDDED
SAVINGS
REPORTING
WILL
INCREASE EFFICIENCY OF
SAVINGS
MOBILISATION
LACK OF MIS
AUTOMATION
EFFICIENT
MANAGEMENT
OF SAVINGS
PRODUCTS AND
REPORTING
INHIBITS
SAVINGS BRANCH PRODUCTS
BALANCES AND ACCOUNTS REPORTING
TABLE - BY MONTH THROUGH MIS
SYSTEM IN SOFTWARE end last month accounts accounts deposits withdrawals/ end of this month average
Product balance # savers opened closed in month
closures in
month balance #savers bal. start
ETB ETB ETB ETB ETB
Passbook 500 25 3 2 70 50 520 26 20
Ordinary Savings
Fixed Time Deposit 700 20 5 3 20 30 690 22 35
Instalment 400 5 2 1 90 70 420 6 80
Totals 1600 50 10 6 180 150 1630 54
Point of Sale device (POS)
PDA (Personal Digital
Appliance) Can give rural
outreach to capture
previously unbanked
liquidity
LINKAGES ARE NEEDED
AVAILABLE LIQUIDITY
VARIES
SAVINGS POSSIBILITIES
FLEXIBILITY AND RESPECT
ARE NEEDED