MicroLead, UNCDF‘s first global thematic initiative, supports the expansion of financial service providers (FSPs), which pursue a savings-led approach in the belief that savings, not credit, will allow income populations to take control of their complicated financial lives. The 4 year (2011-2015) MicroLead Programme in Ethiopia was approved by Ministry of Finance and Economic Development, Government of Ethiopia in May 2011. The programme was implemented by the consortium partners consisting Bhartiya Samruddhi Investments and Consulting Services Ltd (BASICS Ltd.), India and Participatory Microfinance Group for Africa (PAMIGA), France. The objective of the programme was to increase the institutional capacity of the Microfinance Sector in Ethiopia through the Association of Ethiopian Microfinance Institutions (AEMFI) and building the institutional capacity of two selected MFIs–Buusaa Gonofaa and WASASA to enable them to evolve as savings-led financial institutions with the ultimate objective of promoting financial access to the poor households of Ethiopia. The programme is now completed and has achieved the objectives set out by the programme and has made transformational changes in the areas of savings, governance, IT-MIS to name a few