
As to the findings in the early 1990s, financial services at the county level at large and in Tigray region was very insignificant even in urban areas let alone to cover the rural areas. Considering such phenomenon and looking into the series poverty problems prevailing among the major portion of the population, Relief Society of Tigray (REST) started crediting the poor rural people targeting to arrest poverty prior to the 1990s. The good result of the credit services of REST and the seriousness of the poverty of the people give result for the birth of Dedebit Credit and Saving Institution (DECSI) and served for few years.
DECSI was registered as a Share Company in 1997 based on the proclamation of the National Bank of Ethiopia. Since then, DECSI has been mainly working widely in rural and urban Tigray for the last 15 years.
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