ADCSI is one of the oldest MFIs in the history of microfinance service industry in Ethiopia; providing microfinance services mainly credits, saving, micro insurance and money transfer services which aim to enhance economic base of the poor for the last two decades. Consequently, many people have improved their livings by owning income sources, enhancing production and productivities with help of financial services they accessed.

ADCSI is a transformation of Addis Ababa Micro Job Creation Project. It was initiated by Addis Ababa City Administration to provided financial services, especially for those financial poor urban societies which do not have access to conventional banks in the city. After few years the project was developed to the present Addis Credit & Saving Institution S.C /ADCSI/ obtaining a business license from National Bank of Ethiopia on September 27, 2000 G.C. The successful achievements registered at project level and the issuance of national proclamation number 40/96 that for the first time laid legal ground for establishment of microfinance institutions were among major reasons that created conducive environment for the change.

Up on establishment, ADCSI has subscribed capital of 1,017,000 birr out of which 517,000 has been paid up capital by 5 founding shareholders. Currently the number of shareholders and amount of capital is raised to 11 shareholders and 1.6 billion birr respectively.

The institution has also shown stable progress in operational expansion and organizational sustainability. Its branch network expansion, client outreach, loan portfolios, and saving mobilization have grown-up.

The institution has envisioned to expand its operation in order to satisfy the growing demands and successfully realization of its vision and mission to assist the job creation and poverty alleviation activities in the city through providing affordable and innovative microfinance services. The company needs to place itself as a tool to significantly contribute for realization of economic change in the city and national transformation at the wider scope.