The Daily Monitor (Addis Ababa)
24 July 2008
The Commercial Bank of Ethiopia (CBE) is set to finance four new Microfinance institutions (MFI) in addition to the five similar institutions it is supporting, the ministry of finance and economic development said on Tuesday.
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Dear colleagues,
Thank you for highlighting on this issue, particularly the fact that 'microfinance' is NOT the only solution for poverty. This calls for integrating other important sectors with MF. But you didn't indicate the source. Also what were the papers presented at the workshop.
We hope you would cover more of microfinance issues. While it is indeed playing a key role in terms of 'stimulating' households and individual efforts to get out of poverty, primarily through self employment, there are also key and real challenges, and controversies, regarding 'sustainability' issues.