About Us
At Temerach SACCO Ltd., we provide reliable financial services that help our members achieve financial stability, grow their businesses, and improve their quality of life. Our services are designed to support the financial needs of individuals, families, and entrepreneurs within our community.
Who We Are
Temerach SACCO Ltd. is a member-based savings and credit cooperative dedicated to improving the financial wellbeing of individuals and communities. The organization was established to promote a strong culture of saving and provide accessible financial services that help members achieve financial stability and economic growth.
Temerach SACCO Ltd is a member-based financial institution established with the vision of improving the economic well-being of its members through saving, credit, and financial empowerment.
The SACCO officially began its operations on November 12, 2023, starting with 264 committed members and an initial total asset of 680,000 Ethiopian Birr. Since its establishment, Temerach SACCO Ltd has been steadily growing by building trust, promoting financial discipline, and creating opportunities for its
members.
Temerach SACCO Ltd was founded under the leadership and vision of Ato Zewedu Sebsebie, who serves as both the Founder and General Manager. His dedication and strong commitment have played a key role in establishing and guiding the SACCO towards sustainable growth and success.
Our Vision
To see it as an accessible and trustworthy cooperative for all communities by 2025
Mission
Ensuring the benefit of members by developing the savings and credit culture of the local community, solving cash shortage and providing suitable financial services to members.
Our Values
Transparency
We ensure openness in our operations, decisions, and financial activities so members can trust the cooperative.
Equality and Equity
We treat all members fairly and provide equal opportunities without discrimination.
Self-help
We encourage members to build financial independence through saving, cooperation, and responsible financial practices.
Commitment
We are dedicated to serving our members with reliability, professionalism, and long-term support.
Mutual Trust
We build strong relationships with our members based on honesty, respect, and confidence in our services.
Democratic Member Control
Members actively participate in decision-making under the principle of one member, one vote, ensuring equal representation.
Voluntary and Open Membership
Membership is open to all individuals without discrimination based on religion, ethnicity, gender, political belief, or social status.
Cooperation Among Cooperatives
We collaborate with other cooperatives locally and internationally to strengthen the cooperative movement.
Member Economic Particpation
Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative..
Autonomy and Independence
Cooperatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their cooperative autonomy.
Education, Training, and Information
We promote continuous learning and financial awareness to help members make informed financial decisions.
Concern for Community
Cooperatives work for the sustainable development of their communities through policies accepted by their members.
Leadership and Governance
Temerach SACCO Ltd. is governed by a dedicated management committee responsible for guiding the organization and ensuring transparency in all operations. The board provides strategic leadership while the management team oversees the day-to-day activities of the cooperative.
Ato Solomon Sewneger
Ato Girma Bushu
Ato Amha Guta
W/rt Mastewal Ejigu
Ato Adugna Megersa
Join Our Cooperative
Become part of a community that believes in financial empowerment, cooperation, and mutual support. By joining Temerach SACCO Ltd., you gain access to savings opportunities, affordable loans, and a network of members working together for financial success.
