Industrial Engineering & Management

Kasu Jilcha

Publications

• Research Article
  Loan Cycle Time Analysis for Industrial Project Financing of Development Bank of Ethiopia
  Author(s): Kasu Jilcha, Hailu Worku and Eshetie BerhanKasu Jilcha, Hailu Worku and Eshetie Berhan
  
  The reduction of loan processing cycle time gives relief in a lot of financial and non-financial activities to customers and to companies. Thus, the purpose of this research is to minimize and analyze the loan processing cycle time of Development Bank of Ethiopia so that processing cycle time gets crushed. Project owners get frustrated when their loan application takes longer processing time. As the loan processing cycle time gets longer and longer, project owners or promoters lose enormous amount of money and energy waiting for the loan approval day. Thus, the study was conducted to improve this delay of loan processing time using data from the Bank and ARENA simulation software. In modeling this system, an ARENA software simulation model was developed, verified, and validated to determine the daily loan processing cycle time and potential problem areas for the various request levels.. Read More»
  

  Abstract PDF