Women employment is one the major tools for empowering women as it enable them to get economically empowered. In this regard, Awach SACCO is playing significant role in employment creation for women and women leadership participation.
As compared to many organizations in our country, the female leadership participation at Awach SACCO is very high. Of the total 32 management positions available, 21 (65.63 %) are occupied by women. In addition, Awach SACCOS has women only branch office. The manager, the accountant, the auditor, the cashier and the cleaner of this branch office are all women. Moreover, out of the total 13 branch offices, six of them are led by women. Even though gross conclusion requires further researches to be conducted the short-term profitability and success of Awach SACCO could be the result of the significant number of women employees and right females at right leadership position.
Moreover, currently 82 (59 %) of the total 139 employees are women. This indicated that majority of the employees in Awach SACCO are women. Hence, being the majority female employer, Awach SACCO is playing an exemplary role in this regard.
Awach SACCOS Ltd. is a saving and credit cooperative which was established in 2007 in Addis Ababa, Ethiopia by Mr. Zerihun Sheleme, founder and general manager, having in mind a long range objective with a strong commitment and belongingness, coupled with shared vision of the founders; Awach became a truly serving financial institution with in a few years after the establishment.
Awach is the first SACCO in Ethiopia to be a member of ICA and an associate member of ACCOSCA.