About Awach

Awach SACCOS Ltd. is a legally registered and recognized organization in the Federal Democratic Republic of Ethiopia (registration number 147/98), and it was re-registered on October 25, 2021 G.C, by the Federal Cooperative Agency (FCA) with registration number 005/09 to work all over Ethiopia. It is a saving and credit cooperative established on March 22/2007 G.C. in Arada Sub-city by Mr. Zerihun Sheleme, visionary founder and chief executive Officer, with 41 (33 women and 8 men) initial members.

Awach SACCO Is a saving and credit cooperative established on March 22/2007 G.C. in Arada Sub-city by Mr. Zerihun Sheleme, founder and Chief Executive Officer, with 41 (33 women and 8 men) initial members. Having in mind a long-range objective of encouraging saving mobilization culture and loan provision in the community with a strong commitment and belongingness, coupled with shared visions of the founders; Awach became a truly serving financial institution within 17 (seventeen) successful and fruitful years after the establishment.

The legal personality certificate was first gained from Arada sub-city on March 22/2007 G.C. and due to its fast expansion, it was re-registered by the Federal Cooperative Agency (FCA) in 2017 G.C with registration No.AG/S/C/005/09 and re-registered on October 25, 2021 G.C again. 
Awach has been certified as competent SACCOS, based on regulation No.018/2007, by scoring 91.09 points in competency evaluation. This shows that our SACCOS is growing fast with unique quality.
Awach is the first SACCOS in Ethiopia to be a member of the International Cooperative Alliance (ICA) and an associate member of the African Cooperative Confederation of Savings and Credit Associations (ACCOSCA). And it is the first to raise the flag of our country, Ethiopia, in the international stage related to the savings and credit cooperative sectors. 

 

  • OUR BEST QUALITY

    • Always excelling at our services
    • Serving our members with better technology
    • Serving our members with more than 350 professional staffs
    • Having more than 31 branches all over Ethiopia.  
    • Better loan provision capacity
    • Enriching experience in the sector 
    • Our membership in International Cooperative Organizations like ICA and ACCOSCA
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Website By: Alen Teshome