Awach, with over 17 years of experience, is now one of the most profitable SACCOs in Ethiopia, having a total asset value more than 210 Million USD. The bank has 10+ branch networks, 120,000 account holders.
USi Success Stories
Awach Take advantage of USI Banking as service
Customer background info
- Total Assets 140 Million USD
- 10 + branches
- 120 thousand plus accounts
- 17+ years of experience
Business Objective
Build a saving culture and facilitate credit with a fair interest rate for members. Improve the socio-economic conditions of members and other people by equipping them with entrepreneurship and business development skills; Encourage businesses that address climate, environment, and social governance aspects; Ultimately, contribute to the poverty reduction efforts of the country by creating employment opportunities, especially for women and youths.
Project Timeline
6 months
Top Customers
Residents of Addis Ababa
Industry sector
Saving and credit cooperative
Tech stack
Integration/Front End: Java/JavaScript, ASP NET PLSQL, Bootstrap
Local APIs: Java, Info basic, Bootstrap
Team make up description
1 PM,4 Business consultant, 4 technical consultants
Our Service
Temenos inclusive banking
Project Impact
- Enhanced Membership Growth: Enabled Awach SACCO to leverage inclusive banking services, significantly increasing their member base and expanding their portfolio.
- Operational Efficiency: Improved the overall efficiency of banking operations through modern technology integration.
- Increased Accessibility: Provided a more inclusive banking experience for members, supporting a broader range of financial needs.
- Socio-Economic Development: Contributed to the socio-economic upliftment of members by fostering entrepreneurship and creating job opportunities.
- Sustainability Focus: Encouraged businesses that address climate, environmental, and social governance issues.
Conclusion
USI’s partnership with Awach SACCO demonstrates our capability to deliver impactful and transformative banking solutions.
Our tailored approach and the implementation of Temenos Inclusive Banking have successfully supported Awach SACCO in achieving its business objectives, enhancing operational efficiencies, and contributing to socio-economic development.
This collaboration highlights our commitment to advancing inclusive banking and supporting the growth and success of financial institutions in Ethiopia.
