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SIDAMA Micro-Finance Institution

Finance-Home   I   Banks   I   Micro-Finance   I   Insurances ( a )   General Information Year of Establishment July 1998 Legal Status SIDAMA Micro Finance Institution S.C. was legally registered by the National Bank of Ethiopia, according to Proclamation No.40/1996. Current Operational Area (s) SIDAMA is operating in the Southern Nations and Nationalities Peoples Regional State (SNNPRS). Future Expansion Plan SIDAMA has no intention of expanding to other regions. It rather wants to increase the number of Woredas to be served in the same region from 15 to 20 within the next three to five years. Total Number of Woredas Covered so far   10 Woredas Total Number of Branches Opened so far   Nine Branches with five sub-branches. Total Number of Clients served so far   12,318 with 3,218 urban and 9,100 rural clients. Gender Sensitivity   Male clients   = 52%, Female Clients = 48% ( b )  Loan Services/Products i General Loan; i Micro Bus

Counter Culture coffee: Shilicho, Sidama, Ethiopia

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Ecco’s Brazilian coffee is just about done at all locations. That means we are moving to Counter Culture for our next guest coffee. It’s been fun getting to know these guys. They roast their beans down in Durham, North Carolina. I am so excited about this coffee. It is from a great coffee growing region in the southern part of Ethiopia, called Sidama. The name of the coffee is Shilicho which translates to “Good Taste” in Sidama. Not as wild as some other coffees from Ethiopia (Yirgacheffe), which can be very sour with varying degrees of fruitiness. This one is sort of sweet, round, and vibrant. If you take cream, we suggest you try it black first. You might be surprised how it tastes. We’ll be pouring this Ethiopian coffee for the next few weeks at all our locations. Oh and the picture is the bar at the HUB in Inman Square, we’ve been making food there since Saturday. http://www.cloverfoodlab.com/counter-culture-shilicho-sidama-ethiopia/

The Sidama Rain-Making Ceremony

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After a long dry summer in 2009, the community of Aleta Wondo was worried.  When would the next rain come?  Would their crops survive the dry spell?  Would they have the food they had counted on for survival?  What would happen to the coffee crop?  The elders of Aleta Wondo approached Common River staff and requested support for a Sidama ceremony to bring rain after months of drought. They requested a cow, which is the main part of the Sidama rain-making ceremony. Working to revive Sidama culture and re-ignite respect among tribal elders, Tsegaye and I were hesitant to support the ceremony.  What would happen if the ritual did not work?  Would this further the general feeling amongst the youth and middle aged that Sidama culture is unworthy of respect and not to be believed?  It could be disparaging to the elders if it didn’t work or it could be a powerful affirmation if it did. We took a leap of faith and decided to honor their request and support their tradition. We took a chan

Debates on Election Media Share

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Although opposition parties continue to debate election media distribution, others advise them to fully utilise their share The National Electorate Board of Ethiopia (NEBE) and the Ethiopian Broadcast Agency (EBA) have amended the ratio for allotted air time for broadcasting on radio and television, and newspaper space, for contesting parties, during the campaign period for the upcoming Addis Abeba city council and local elections. The directive that became effective on Monday, March 11, 2013, dictates that 30pc of the use of media air time and newspaper space will be allocated on the basis of the number of seats a party has in the parliaments, both at the federal and regional levels. Then, 20pc will be based on the number of candidates that are in the running,  whilst the remaining 50pc will be equally shared between all parties. The current ratio of media share is much different, when compared to the previous local elections, which assigned 60pc to parliament seats, 10pc fo

የሕገ መንግሥት አጣሪ ጉባዔ ትልቅ ሥልጣን ሊሰጠው ነው

•    ማናቸውም ሕጐችና ውሳኔዎች ከሕገ መንግሥቱ አለመጣረሳቸውን ያያል ለሕገ መንግሥት አጣሪ ጉባዔ ሰፊ ሥልጣን የሚሰጥ የሕግ ማሻሻያ ለሕዝብ ተወካዮች ምክር ቤት ቀረበ፡፡ ረቂቅ አዋጁ የጉባዔውን የሥራ አድማስ በማስፋት በማንኛውም የመንግሥት አካል በክልል መንግሥታትም ቢሆን ከሕገ መንግሥቱ የሚቃረኑ ሕጐችና ውሳኔዎች ሲወጡ በመመልከት ለፌዴሬሽን ምክር ቤት እንዲያቀርብ ያስችለዋል፡፡ ጉባዔውን ያቋቋመው የ1993 ዓ.ም. አዋጅ መጠሪያ ‹‹የፌደራሉ የሕገ መንግሥት ጉዳዮች አጣሪ አዋጅ›› የሚል ሲሆን፣ ይህ አባባል በተለይም ‹‹የፌደራሉ›› የሚለው ቃል የጉባዔውን የሥራ አድማስ በማጥበብ በማንኛውም አካል የወጣ ሕግ ከሕገ መንግሥቱ ቢቃረን የመመልከት ሥልጣን እንደሌለው ተደርጐ እንዲተረጐም ክፍተት መፍጠሩን የረቂቁ መግቢያ ያትታል፡፡ በመሆኑም የአዋጁን መጠሪያ ርዕስ በማስተካከል ‹‹የተሻሻለው የሕገ መንግሥት ጉዳዮች አጣሪ ጉባዔ አደረጃጀትና አሠራር አዋጅ›› የሚል ስያሜ ተሰጥቶታል፡፡ የጉባዔው መቋቋሚያ አዋጅን ማስተካከል ያስፈለገበትን ምክንያት የሚያትተው የረቂቁ መግቢያ፣ በተለይ መንግሥት የነደፈውን የአምስት ዓመት የዕድገትና ትራንስፎርሜሽን ዕቅድ በማሳካት ረገድ ባለው የማይተካ ሚና በሕገ መንግሥቱ ላይ የጋራ አገራዊ መግባባት የመፍጠር ኃላፊነት በሚገባ መወጣት እንዲችል በማስፈለጉ ነው ይላል፡፡ የጉባዔውን የሥራ አድማስ የሚያሰፋው የአዋጁ ክፍል ሁለት ላይ የተደረገው ማሻሻያ አጣሪ ጉባዔው ማንኛውም ሕግ፣ ልማዳዊ አሠራር፣ የመንግሥት አሠራር፣ እንዲሁም የመንግሥት አካል ወይም የባለሥልጣን ውሳኔ ከሕገ መንግሥቱ ጋር ይቃረናል የሚል ጥያቄ ሲነሳና ትርጉም የሚያስፈልገው መሆኑን ሲያምንበት፣ የደረሰበትን ውሳኔ ለፌዴሬሽን ምክር ቤት እንዲያቀርብ ይፈቅድለታል፡፡