Source of finance

Sources of Finance

i. Membership fees

Synopsis of TDA Membership

Association is nothing but a collection of individuals who fall in the same group interest and we call the individuals are members of that association.  In a similar fashion Tigray Development Association(TDA) was come in to being as a legal person to assist the development agenda of the people together with  government and other stakeholders who have similar goal basically of the region in particular and the nation in general. Therefore, TDA has set a clear vision what it wishes to visualize, its mission on how to state and set goals and activities to meet the desired goal and the means that is basically the resource aspect also clearly defined and ensures its sustainability too. Hence, In the case of TDA four defend sources are put into practice the major and in fact sustainable source is membership contribution. Though, funds from funding organization, from investment returns and from foreign and local branch mobilizations have paramount importance it has limitation of obtaining long lasting security unlike the membership contribution.

The membership structure of TDA has different clusters base of their economic classification one is the employee group the others are residences, farmers, business families, higher institution primary and secondary school students and other institutions. So from this clustering of membership one can realize the TDA’s ownership is definitely the people itself.

The mode of membership is on the free will of the individual citizen. Of course the inspiration will goes to TDA organizers. Due to this fact TDA has task force at directorate level to coordinate and enhance membership and accelerate the contribution speed amount. Therefore, due the tremendous effort made so far with in the region, the nation and in some part of the world TDA has around 1,410,836 registered domestic members in tigray and Addis Ababa target areas.

The mode of contribution varies depending on the nature of the clusters. As a result, cluster employee has at most 0.5 – 1% contribution from their basic salary while members of the farmer group have 20 birr per annum.


ii. Fundraising and Telethons

TDA uses different ways for generating funds to support the projects being implemented for the people of Tigrai. One of which is raising funds through telethons and dinner programs for various societies who have the willingness and the passion to support TDA in its developmental endeavors. TDA has had big telethons on a country level raising in billions to small ones on a city levels which have raised millions .These telethons have helped greatly in generating enormous funds to accomplish  all the projects that have been undertaken for the past 27 years


iii. Project based collaboration with development partners

TDA have been supported by and worked in partnership with Several national, international, bilateral and, multi-lateral organizations and funding partners. Some of the reputable partners include, but not limited to: USAID, EU, DFID, Gelfand Family Charitable Trust, Save the Children International, World Learning, SIDA, Book Aid International of UK, Baring Foundation of UK, A Glimmer of Hope, CSSP/Ethiopia, Path-Finder International, Japanese and Chinese Embassies to Ethiopia. Besides, it is a member of a regional umbrella organization namely Alliance of Civic Society Organizations of Tigrai (ACSOT). It is also active and contributing being member of two national and international umbrella organizations namely Consortium of Christian Relief and Development Association (CCRDA) and Consortium of Reproductive Health Association (CORHA). some of the collaborative interventions are described below with the Name of Agency/Donor/ Organization, Name of Project and Instrument Number, Funding Amount in $, Country of Implementation and Period of Performance, and Brief Summary of Work Performed and Accomplishments are indicated.

1. USAID

  • USAID/CSPP (USAID Community School Partnership Program) with a budget of ETB 1,044,000
  • Ethiopia (Tigrai National Regional State); February 13, 2008 –May 31, 2012
  • Over 12,205 teachers/students & stakeholders received direct training/ workshops, etc in Community Development and Health issues & In-Service Training for Teachers,
  • Strong partnership with Regional State Bureaus of Education, Health and Water (RSEB, RSHB and RSWB) region to woreda level,
  • 45 new school water schemes and 193 new school latrines with USAID/CSPP fund support and community constructed, the program has approved budget USD 1,057,250, obligated budget USD 1044,000

2. A Glimmer of Hope

  • Education & Health Projects
  • ETB 4,081,307
  • Ethiopia (Tigrai National Regional State);
  • -2006 –June 30, 2014
  • Constructed and furnished schools and health institutions.
  • More than 47,000 populations and more than 5,500 students are benefiting from this program.

3. Australia-aid through SC

  • School Health and Nutrition
  • ETB 204,927
  • -Ethiopia (Tigrai National Regional State);
  • -Nov 18, 2011- June 30, 2011
  • Construction of 19 Dry pit latrine (DPL) with water point,
  • 2 Shallow wells, 3 roof catchments,
  • 2 pipeline water installation,
  • provision of training on usage and advantage of backyard vegetation, environmental and personal hygiene and use of clean water for 460 participants,
  • introducing 8 playground vegetation

4. USAID

  • School Community Partnership Serving OVCs
  • ETB 564,495
  • Ethiopia (Tigrai National Regional State);
  • -October 15,2009 –July14,2014
  • Supporting 2,600 OVCs in 20 Primary schools (Services of education, health, food and other supplies provided to beneficiaries; capacity and psycho-social trainings and workshops conducted etc)
  • Save the Children
  • Children Reading Materials Project 15,000.00
  • Ethiopia (Tigrai National Regional State);
  • -October2011 –September2012
  • Conducted a workshop involving 111 participants on the nature of the problem of early grade reading ,
  • Books, for grades one two were developed by local writers and printed in 1,500 copies each and distributed to the 15 project schools.

iv. Business for Development

Directorate Business for Development

This directorate has been organized to enable TDA engage in income generating activities and   its major responsibilities include

  • Plan and implement strategies that strength TDA income from different business activities.
  • Identify areas for income generating activities.
  • Develop business plans for areas of intervention and make sure that proper procedures for investment are followed.
  • Make sure that separate books of account are kept and profit generated from such business is used to further the goals of TDA.
  • Responsible to the Executive Director.

Under this directorate there are two major areas of activities

1. Agriculture sector(Kallamino Investment Center) :this sector includes

  • Horticulture production – at implementation level
  • Dairy farm production – at implementation level
  • Poultry farm production – at proposal level

2. Real estate sector:

  • Hidmona Mall G+8 (Addis Abeba)- It is in practice
  • TDA Mall G+6 (Mekelle) – at proposal level

Achievements

1. In the Agriculture sector:

  • Introducing of high yielding new technologies.Such as drip irrigation with its accessories, improved variety of both vegetables & dairy cow.
  • The farm starts to be a center of demonstration, training & business.
  • The farm contributes in supplying of different agricultural products to the market in order to fulfill the demand of the community at reasonable cost/price (milk & vegetables).

2. Real estate sector:

Hidmona Mall earns 17 Million ETB per annum.