Assessment of Financial and Operating Performance

Giday Gebrehiwot

ISBN 10: 3659198072 / ISBN 13: 9783659198076

Published by LAP LAMBERT Academic Publishing Jul 2012, 2012

About this Item

Neuware -The establishment of sustainable Microfinance Institutions (MFI) that reach a large number of rural and urban poor who are not served by the conventional financial institutions, such as the commercial banks, has been a prime component of the new development strategy of Ethiopia. Healthy financial and operating performance of microfinance institutions is very important for their well functioning and to serve their clients properly. The motivating philosophy of this paper is that unless MFIs become viable and sustainable financial institutions, they can never fully realize their objective of reaching a greater number of poor people. In light of this, this paper has attempted to look at the Financial and Operating Performance of DECSI at firm level and compare against the Industry Average (I.A).The major finding of the study indicates that, the percent of women borrowers of DECSI is lower than the percent of women borrowers of the Industry Average. So DECSI should have to revise its client targeting criteria.From Financial Sustainability and Profitability angle, it is found that DECSI is going down the ladder of Sustainability and Profitability measures during the periods of the studyBooks on Demand GmbH, Überseering 33, 22297 Hamburg 112 pp. Englisch.

Seller Inventory # 9783659198076

Bibliographic Details

• Title: Assessment of Financial and Operating Performance
• Publisher: LAP LAMBERT Academic Publishing Jul 2012
• Publication Date: 2012
• Language: English
• ISBN 10: 3659198072
• ISBN 13: 9783659198076
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 7D millimeters 220 millimeters width by 150 millimeters height by 7 millimeters depth
• Weight: 185 grams

About this title

Synopsis

The establishment of sustainable Microfinance Institutions (MFI) that reach a large number of rural and urban poor who are not served by the conventional financial institutions, such as the commercial banks, has been a prime component of the new development strategy of Ethiopia. Healthy financial and operating performance of microfinance institutions is very important for their well functioning and to serve their clients properly. The motivating philosophy of this paper is that unless MFIs become viable and sustainable financial institutions, they can never fully realize their objective of reaching a greater number of poor people. In light of this, this paper has attempted to look at the Financial and Operating Performance of DECSI at firm level and compare against the Industry Average (I.A).The major finding of the study indicates that, the percent of women borrowers of DECSI is lower than the percent of women borrowers of the Industry Average. So DECSI should have to revise its client targeting criteria.From Financial Sustainability and Profitability angle, it is found that DECSI is going down the ladder of Sustainability and Profitability measures during the periods of the study

About the Author

Giday was born in Edaga Robue, Ethiopia in May 20, 1985. Giday received his BA degree in Accounting from Haramaya University in July, 2008 and his MSc. degree in Finance and Investment from Mekelle University in July, 2011. Currently Giday is a Lecturer at Debre-Berhan University, College of Business and Economics, Department of Accounting.