About Addisitua Ethiopia SACCO

Empowering our community through financial inclusion and cooperative values since 2008

Our Story

Building financial resilience through community cooperation

Founded in 2008, Addisitua Ethiopia SACCO began with a simple vision: to create a member-owned financial cooperative that would serve the diverse needs of our community in Addis Ababa. What started as a small initiative with just 50 members has now grown into a thriving financial institution serving over 5,200 members.

We combine conventional banking services with Sharia-compliant products to ensure everyone in our community has access to ethical financial services that meet their needs and values.

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5,200+

Active Members

37M+

Birr in Savings

12M+

Loans Disbursed

15+

Years of Service

Our Mission & Vision

Guiding principles that drive our cooperative forward

Our Mission

To improve members' livelihoods by offering accessible savings and loan services, promoting financial inclusion, and supporting community development through ethical banking practices.

Our Vision

To be the leading community-based financial cooperative in Ethiopia, recognized for empowering members, fostering economic growth, and maintaining the highest standards of integrity and service.

Our Values

The principles that guide everything we do

Integrity

We maintain the highest ethical standards in all our operations and relationships.

Community

We prioritize the well-being of our members and the communities we serve.

Transparency

We operate with openness and clarity in all our processes and decisions.

Innovation

We continuously seek better ways to serve our members' evolving needs.

Inclusion

We provide financial services that are accessible to all members of our community.

Excellence

We strive for the highest quality in all our products and services.

Our Journey

2008

Foundation

Addis Tua SACCO was established with 50 founding members and a vision to provide community-focused financial services.

2012

Expansion of Services

Introduced Sharia-compliant financial products to serve members seeking ethical banking options.

2015

Member Milestone

Reached 1,000 active members and expanded our office facilities to accommodate growth.

2019

Digital Transformation

Launched online banking services and mobile app to enhance member convenience.

2023

Recognition

Awarded Best Community SACCO by the Ethiopian Financial Services Association.

Leadership Team

Dedicated professionals guiding our cooperative

Ermias Gizachew

Chairman

With over 15 years of experience in financial management, Ermias provides strategic direction for our SACCO.

Tewodros Fikade

Vice Chairman

Tewodros brings expertise in cooperative governance and community development initiatives.

Selamawit Bekele

Secretary

Selamawit ensures effective communication and documentation of all SACCO proceedings.

Fasil Alemu

Accountant

Fasil manages our financial records with precision and ensures regulatory compliance.

Ready to become part of our community?

Join Addisitua Ethiopia SACCO today and start your journey toward financial security and growth.

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Our Objectives

What we aim to achieve for our members and community

Collective Problem Solving

To overcome, solve economic and social problems that members cannot solve individually through joint efforts.

Resource Combination

To achieve better results by combining the knowledge, resources and energy of members.

Member Empowerment

To enhance self-confidence among members and develop their economic and social capabilities.

Savings Culture

To develop and spread a culture of savings among members and collect scattered money in the form of savings.

Entrepreneurship Development

To expand the conditions needed to apply technical knowledge and entrepreneurship.

Credit Services

To provide members with credit services for development and important personal matters in a fast and convenient manner.

Mutual Assistance

To bring members closer together and develop the experience of mutual assistance and understanding.

Member Education

To enrich economic and social capabilities and culture by educating and training members.

Leadership Development

To enable members to acquire and develop leadership, management, and control skills in a democratic manner.

National Development

To support the country's central bank by mobilizing member savings for national development.