Literatures indicated that there is a broad consensus developing on the critical role that NGOsrneconomic strengthening intervention can play in a comprehensive response to the needs ofrnhouseholds and communities. There is, however, significantly less agreement on effectivernapproaches to implement CEE programs. Therefore, assessing the framework guiding therncommunity economic empowerment projects of NGOs is an important research area that helps tornknow what components are included in the project intervention. Moreover, the impact of thernCEE intervention on the economic status of beneficiaries needs to be measured using differentrnindicators to know the actual change brought by the NGOs. Secondly, even though there is lessrnagreement on effective CEE approaches, there are general and acceptable components that needrnto be included in CEE projects. Assessing if there are missing components in the implementationrnof CEE activity by the NGOs is an important research issue that requires critical investigation.rnFinally, engagement and active participation of the community in general and projectrnbeneficiaries in particular in the implementation of CEE interventions gets major emphasis inrnmost of the literatures. In addition to this, the fact that CEE is an ongoing and recentrnintervention by Ethiopian NGOs, it will be an excellent opportunity to study the communityâ€™srnknowledge about the framework guiding the NGOs. Both primary and secondary data are usedrnfor the purpose of this study. Descriptive and statistical tools such as paired sample T- tests andrnPearson correlations are used in analyzing the data collected. One major finding is thernorganizations enrollment; screening and beneficiary categorization procedure is evident thatrntheir framework addresses economically disadvantaged groups of the community. However,rncoordination between the two organizations found to be nonexistent. Moreover, the awarenessrnlevel of saving and self-help group leaders (FGD participants) found to be much better than thernordinary beneficiaries. The study also found out that majority of the respondents are eitherrnrarely or never participated in project need assessment and planning phases. In addition to this,rnone of the impacts of the NGOs intervention is the dramatic change in the saving habit ofrnbeneficiaries. Most of the respondents used the loan for productive investment while significantrnnumber of beneficiaries utilized the loan they have accessed from the project for unproductivernpurpose such as consumption and to repay other loan. In addition, majority of the respondentsrnwitnessed improved monthly income after the NGOs project intervention. The study has foundrnmore beneficiaries who are engaged in SMB after NGOs intervention. Vocational skill training,rnsocial asset inclusion and linkage with formal financial institutions have not been given muchrnemphasis both in the organizational project implementation framework, project guidelines andrnother documents. The organizations should allocate more resource and effort to make therncommunity more aware about their project intervention frameworks. Their impact on communityrneconomic empowerment would also be improved by incorporating vocational skill training,rnsocial asset inclusion and strengthening linkage with formal financial institutions