Financing youth start-ups: achievements & challenges enda inter-arabe
|
|
- Emerald Roberts
- 7 years ago
- Views:
Transcription
1 Youth financial inclusion in the MENA region Policy Workshop CGAP, Silatech 12 march 2013 Financing youth start-ups: achievements & challenges enda inter-arabe Essma Ben Hamida Executive Director Co-founder
2 Enda: Historic Figures Introduction of micro-credit in urban low income areas Economic and social development programmes Suburbs of Tunis Inception: ecological activities «Bidaya» for youth start-ups Launched Serving rural areas, agri-lending, Mawsem Official permission from Ministry of finance under 1999 Law Operational and financial self-sufficiency Focus on support to micro-entrepreneurs
3 Cumulative figures January Amount disbursed : TND 864 million - Total borrowers : # Loans disbursed : 1.2 million -PAR 30 days: 2,7% (post revolution) active clients Youth segment: - 40% < 35 years disbursed 63 million - Including < 25 years Portfolio TND 135 million enda has accumulated broad experience dealing with youth up to the revolution. But no lending to start-ups considered very risky
4 Revolution in Tunisia (2011) - Revolution motivated by : 1- Absence of democracy and freedom 2- Unemployment 3- Unbalanced opportunities between regions unemployed (of which youth: 95%) - Unemployment rate: 18% - Graduates: 26.1% (men :15.8% / women: 40.2%) jobs lost between May May 2011
5 Major problem in financing SMEs in Tunisia More than 50% of applications rejected by the banking system WHY - Insufficient equity - Lack of collateral - Lack of skills to evaluate innovative businesses - Banks prefer to finance businesses with higher and immediate profitability (offshore compagnies, real estate ) Reference BFPME
6 Developing products for start ups: a real challenge for microfinance 1. Goal: Finance and accompany start-ups: Young micro-entrepreneurs and small farmers Low-income entrepreneurs (informal sector) Women wishing to start up own business 2. Expectations: Sustainable businesses Job creation Promotion of entrepreneurship culture among youth Reduction of rural exodus and youth migration 3. Challenges: Institution sustainability (risky products) Very little experience around (need TA & exposure visits to MFIs) High risk of failure
7 "Bidaya : start-up businesses for unemployed youth -- After Revolution: grant from the Swiss Confederation (4.5 million TND) - - Decision to contribute to youth employment -- Product design based on enda market study for youth segment and on past experience -- Partnership/exchanges with other actors -- Pilot in 2102, roll out in (focus on clients children and family).
8 Characteristics of Bidaya product Pre-loan training/aid with Business Plan Post-loan coaching and support Maximum amount: TND Maximum loan duration: 36 months Grace period: up to 6 months Line of credit First loan disbursed within 20 days Renewal: 48 h Application Selection Interview Social and economic study Assistance BP Decision by Committee 8
9 Bidaya: Key findings as of February 28 th - Businesses financed: % < 25 years 71% < 40 years - Women: 50% - Unemployed: 50% - Graduates: 16% -Trained for Business Plan: 524 clients (others trained by government programmes) - Co-financing: 25% (BTS, BFPME, family) -Jobs created in 14 months: Examples set for others, demand all over
10 Key findings (2) - Amount disbursed: TND 4.1 million - Average loan size: TND Outstanding portfolio: TND 3.8 million - PAR > 30 days : 0.35% - Bidaya disbursed through 30 branches/68-60 enda employees have been trained, including 20 loan officers (specialized) - Total budget: capital: 4.5 million for lending capital+ Running costs - Product estimated cost per loan: 700 TND (the most expensive product so far)
11 Main lessons learned Need for careful selection to manage risks - Entrepreneurial skills - Experience and background - Time spent unemployed - Age - Amount and length must be adapted Staff & organisation - Well trained specialized staff - Sound organization - Testing & rolling out - Partnerships - Funding
12 Challenges: reduce cost, share risk, innovate - Outsource pre- & post- lending training & support - Share risk through public/private partnerships (banks, insurance companies, guarantee funds ) - Develop market connections - Study market risks & niches - Treat youth as clients and not beneficiaries - seek original types of collateral - Use new technologies (tablets, mobile banking, social media ) - strengthen support for clients post creation (Business advice, mentoring, networking) Evaluation & monitoring
13 Success stories Hana: 24, living in Kef (north-west of Tunisia). Middle income family, father a day worker. With her friend Amani, she graduated from university in physiotherapy. 2 years experience as salaried practioners. Then back home where they requested a loan from the BTS, the government micro-finance programme. No answer, so they decided to start their business with their own funding. They developed a network of patients, made deals with doctors Then they came across enda where they were accompagnied by Amor, the local «bidaya» loan officer. He helped them set up their practice, write up their business plan, get a training course in business management from the Ministry of Labour. The total cost of their micro-entreprise was around TND of which enda-ia contributed with a TND loan. Today, xx years on, their business is thriving/beginning to thrive.
14 M naouar Mnasria, 28, comes from Sidi Bouzid, in one of the poorest governorates in Tunisia and with the highest unemployment rates. He lives w Successful stories M naouar Mnasria, 28, comes from Sidi Bouzid, in one of the poorest governorats in Tunisia and with the highest unemployment rates. He lives with his wife, a factory worker, and their young daughter. He did not go to University but worked briefly with a car wash company. This experience gave him the idea of setting up his own business in the same field. He vainly applied for a loan from the Tunisian Solidarity Bank, the government micro-credit programme. When Enda-ia opened up its bidaya programme at its Sidi Bouzid branch in March 2012, he was provided with aid to develop his business plan and learned how to keep his accounts and analyse his business. Enda also helped M naouar to take advantage of various government programmes that he did not know about such as payment of social security contributions, grants for training, and various subsidies. Enda-ia gave him a TND loan to co-finance his project the total cost of which was TND. His business is developing. He has hired 3 full-time workers and has recently added a new product: lubricants, which has increased his profitability
15 Thank you for your attention
Employment of Marginalized groups
Employment of Marginalized groups Employment and self-employment programs OPEN SOCIETY INSTITUTE ECONOMIC AND BUSINESS DEVELOPMENT PROGRAM / SEDF David Meier dmeier@sorosny.org Entrepreneurship Among Roma
More informationImmigrants/ethnic minorities
Immigrants/ethnic minorities Microcredit Foundation Horizonti Innovative approaches for providing sustainable financial services to the Roma community - Republic of Macedonia Objective: provide sustainable
More informationSCBF 2011-07 June 16, 2015
SCBF 2011-07 June 16, 2015 First life insurance with savings plans offered to low-income Egyptians by Dakahlya Businessmen Association for Community Development and Alexandria Businessmen Association 1.
More informationKyrgyz Republic: Women s Entrepreneurship Development Project
Kyrgyz Republic: Women s Entrepreneurship Development Project Project Name Project Number 46010-001 Country Project Status Project Type / Modality of Assistance Source of Funding / Amount Women s Entrepreneurship
More informationLoans to customers Savings. banks. Cooperative 49,8% banks 5,2% Private. banks 45,0%
Credit Unions and their strong competitors in Spain: Saving Banks Cajas de ahorros Elizabeth Aro Sofia, March 2009 The cooperative banking sector in Spain represents only a small part of the whole banking
More informationPortfolio Risk Management. Module 8
Portfolio Risk Management Module 8 Rural Finance Module 8 Agenda Block 1 Introduction Risk analysis of agriculture and rural loan portfolio: the art of risk analysis Type of risks Portfolio risk management
More informationThe Egyptian Association for Community Initiatives and EACID Mission Statement Development (EACID), a non-regulated financial The mission of Egyptian
The Egyptian Association for Community Initiatives and EACID Mission Statement Development (EACID), a non-regulated financial The mission of Egyptian institution in its eighth year of operation, is one
More informationCredit Management. Solomon Kagaba
Credit Management Solomon Kagaba Definition Credit management is the whole process and systems through which the MFI s lending operations strive to: Offer services which meet the demands of the clients;
More informationKixiCasa. Housing MicroFinance. Development Workshop. Housing Finance Workshop for. Wits Business School Johannesburg 3-83
Development Workshop KixiCasa Housing MicroFinance Rebuilding Angolan communities after conflict presented by Allan Cain at the Housing Finance Workshop for Sub-Saharan Saharan Africa Wits Business School
More informationZurich Venezuela: Providing insurance to Venezuela s low-income population
Zurich Venezuela: Providing insurance to Venezuela s low-income population What once started with a coffee chat between a priest and the President of Zurich Venezuela on a Sunday morning after church service
More informationSupporting micro-credit providers with JASMINE
EN Supporting micro-credit providers with JASMINE More information on supporting micro-credit providers with JASMINE is available on the Internet at: http://ec.europa.eu/regional_policy/funds/2007/jjj/micro_en.htm
More informationSECTOR ASSESSMENT (SUMMARY): MICRO, SMALL AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities
Small Business and Entrepreneurship Development Project (RRP UZB 42007-014) SECTOR ASSESSMENT (SUMMARY): MICRO, SMALL AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT 1 Sector Road Map 1. Sector Performance, Problems,
More informationBusiness Development for Youth Economic Empowerment in Moldova
Business Development for Youth Economic Empowerment in Moldova UNICEF Moldova USAID Final report May 2008 May 2010 Contribution Data Name of Project: Business Development for Youth Economic Empowerment
More informationFINANCE AND BUSINESS DEVELOPMENT SERVICES FOR ENTREPRENEURSHIP DEVELOPMENT: (SME lending in Kenya, from microfinance institution to SME bank )
FINANCE AND BUSINESS DEVELOPMENT SERVICES FOR ENTREPRENEURSHIP DEVELOPMENT: (SME lending in Kenya, from microfinance institution to SME bank ) What is K-Rep Bank Vision - Mission- To be the financial services
More informationBRIDGING THE GAP BETWEEN BUSINESS DEVELOPMENT AND FINANCIAL SERVICES IN THE MIDDLE EAST
BRIDGING THE GAP BETWEEN BUSINESS DEVELOPMENT AND FINANCIAL SERVICES IN THE MIDDLE EAST Rania Bikhazi Enterprise Development Specialist International Labour Organization THE ARAB PRIVATE SECTOR STILL FALLS
More informationENTREPRENEURSHIP, BUSINESS ANGELS, GRANTS AND GOVERNMENT FUNDS TO ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT
EXECUTIVE PAPERS ENTREPRENEURSHIP, BUSINESS ANGELS, GRANTS AND GOVERNMENT FUNDS TO ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT PRUDENTE, JAIME Instituto de Apoio às Pequenas e Médias empresas e à Inovação
More informationI want to submit a freedom of information request for the following information relating to ICT & Telecommunications:
Freedom of Information Request Reference No: I note you seek access to the following information: I want to submit a freedom of information request for the following information relating to ICT & Telecommunications:
More informationPRADHAN MANTRI MUDRA YOJANA
1 PRADHAN MANTRI MUDRA YOJANA 17th September, 2015 at Trivandrum, Kerala Dear Friends, Ladies and gentlemen, The biggest bottleneck to the growth of entrepreneurship in the Non-corporate Small Business
More informationREMARKS BY H.E. MARTHA POBEE ON WOMEN AND YOUTH ENTREPRENEURSHIP IN AFRICA: THE IMPACT OF ENTREPRENEURIAL EDUCATION ON DEVELOPMENT
REMARKS BY H.E. MARTHA POBEE ON WOMEN AND YOUTH ENTREPRENEURSHIP IN AFRICA: THE IMPACT OF ENTREPRENEURIAL EDUCATION ON DEVELOPMENT UNITED NATIONS, NEW YORK, 13TM JUNE, 2016 I thank the co-sponsors for
More informationCapacity Statement Youth Enterprise and Vocational Training 1
Capacity Statement Youth Enterprise and Vocational Training 1 Nearly 90% of today s youth, those aged 15 to 24, live in developing countries 2, and these youth represent more than 40% of the world s unemployed
More informationImplementation of Entrepreneurship Promotion Fund (EPF) - Lithuania. Žaneta Maskalioivenė, Ministry of Social Security and Labour, Lithuania
Implementation of Entrepreneurship Promotion Fund (EPF) - Lithuania Žaneta Maskalioivenė, Ministry of Social Security and Labour, Lithuania Audrius Zabotka, INVEGA Implementation of Entrepreneurship Promotion
More informationFINANCING SMALL AND MICRO ENTERPRISES IN AFRICA 2. THE CHARACTERISTICS OF MICROFINANCE ARRANGEMENTS IN AFRICA
FINANCING SMALL AND MICRO ENTERPRISES IN AFRICA 1. THE ISSUES There is the perception that the demand for finance by small enterprises far exceeds the supply, but recent research in 4 countries shows that
More informationALES Agricultual Loan Evaluation System
ALES Agricultual Loan Evaluation System Credit Scoring for Agriculture Lending 20 August 2013 F r a n k f u r t S c h o o l. d e About Frankfurt School of Finance & Management Frankfurt School - Advisory
More informationThe Promotion of Women Entrepreneurship in Finland
The Promotion of Women Entrepreneurship in Finland 26.10.2010 Tuulikki Laine-Kangas Women entrepreneurship in Finland 83 000 women entrepreneurs Women entrepreneurs accounted for over 30 % of the total
More informationTailor-made training programmes in Bulgaria
MUTUAL LEARNING PROGRAMME: PEER COUNTRY COMMENTS PAPER - BULGARIA Tailor-made training programmes in Bulgaria Peer Review on Tailor-made training programmes Luxembourg, 23-24 April 2009 A paper submitted
More informationTECHNICAL ASSISTANCE (Uzbekistan: Second Small and Microfinance Development Project)
TECHNICAL ASSISTANCE (Uzbekistan: Second Small and Microfinance Development Project) A. Methodology and Key Activities 1. The Asian Development Bank (ADB) will engage a qualified team of consultants in
More information1 Programme Overview. 2 Implementation: Approaches and Methodologies. 4 Monitoring and Evaluation Impact Contact. 5 References
Entrepreneurship Education, Oman PROGRAMME OVERVIEW Implementing Organization: Funding Organizations: CONTEXT AND BACKGROUND Ministries of Oman, NGOs (e.g., ILO), colleges, private companies Government,
More informationFinancial instruments under the ESF in Marche Region Loan of Honour. Rome, 21 October
Financial instruments under the ESF in Marche Region Loan of Honour Rome, 21 October INTRODUCTION Marche Region One of the most industrialised regions in Italy. Regional model of development based on micro,
More informationTHE INSURANCE REHABILITATION ASSOCIATION OF FINLAND (VKK): FINLAND
THE INSURANCE REHABILITATION ASSOCIATION OF FINLAND (VKK): FINLAND 1. Organisations involved Insurance Rehabilitation Association of Finland (VKK) Finnish Motor Insurers Centre Federation of Accident Insurance
More informationPromoting Access and Affordability in Asia s Housing Finance Markets IFC s Experience
Promoting Access and Affordability in Asia s Housing Finance Markets IFC s Experience Rachel Freeman IFC Financial Institutions Group Hong Kong September 3, 2015 Housing challenge in Asia Growing populations,
More informationTHE MULTILATERAL INVESTMENT FUND DEPLOYING VALUE CHAINS FOR DEVELOPMENT. Nancy Lee General Manager MULTILATERAL INVESTMENT FUND
THE MULTILATERAL INVESTMENT FUND DEPLOYING VALUE CHAINS FOR DEVELOPMENT Nancy Lee General Manager MULTILATERAL INVESTMENT FUND 2. TABLE OF CONTENTS Introduction to the Multilateral Investment Fund Evolution
More informationACCESS TO CLEAN ENERGY THROUGH MICROFINANCE (CLEANSTART) REQUEST FOR EXPRESSIONS OF INTEREST from Financial Service Providers Operating in Uganda
ACCESS TO CLEAN ENERGY THROUGH MICROFINANCE (CLEANSTART) REQUEST FOR EXPRESSIONS OF INTEREST from Financial Service Providers Operating in Uganda Deadline for Submission: Monday, 14 April, 2014 (12:00noon
More informationBEST PRACTICES OF FINNISH GOVERNMENT TO PROMOTING WOMEN ENTREPRENEURSHIP
BEST PRACTICES OF FINNISH GOVERNMENT TO PROMOTING WOMEN ENTREPRENEURSHIP SECOND UNECE FORUM OF WOMEN ENTREPRENEURS Geneva 17 18 March 2003 Tuulikki Laine-Kangas Background to Promoting Women Entrepreneurship
More informationCOSME ENHANCING EUROPEAN TOURISM S COMPETITIVENESS AND SUSTAINABILITY
Ref. Ares(2014)882600-24/03/2014 COSME ENHANCING EUROPEAN TOURISM S COMPETITIVENESS AND SUSTAINABILITY Tourism Work Programme 2014 1 COSME objectives The Union s programme to strengthen the competitiveness
More informationSelfhelpgroups - Default Management and Recoveries: A Study among the Scheduled Caste Women in Andhra Pradesh and Telangana
International Journal of Humanities and Social Science Invention ISSN (Online): 2319 7722, ISSN (Print): 2319 7714 Volume 3 Issue 8 ǁ August. 2014 ǁ PP.58-62 Selfhelpgroups - Default Management and Recoveries:
More informationSocial Economy in Hungary
Social economy - laying the groundwork for innovative solutions to today's challenges (Paris, 10-11 December 2012) The Social Economy in Hungary 1 Zsolt Ruszkai Ministry of National Economy 2 Karoly Mike
More information4. Conducting performance monitoring and evaluation
60 4. Conducting performance monitoring and evaluation IFAD DECISION TOOLS FOR RURAL FINANCE 4. Conducting performance monitoring and evaluation Action: Effectively conduct ongoing and annual performance
More informationIn t r o d u c c i ó n a la Se c c i ó n Es p e c i a l:
In t r o d u c c i ó n a la Se c c i ó n Es p e c i a l: Microcredits in Europe Lending to people excluded from the banking system is not a new idea in Europe. In the 14 th century, at the same time as
More informationQ&A Oxfam and Impact Investments. Audience: Entrepreneurs Investors Oxfam + partners General audience (including press) General
Q&A Oxfam and Impact Investments Audience: Entrepreneurs Investors Oxfam + partners General audience (including press) General Q: Why is Oxfam active in impact investing? A: Oxfam believes the upcoming
More informationStories from the Field WIZZIT Micro-lending Pilot (South Africa)
IFC Sustainable Business Advisory Stories from the Field WIZZIT Micro-lending Pilot (South Africa) Mobile Banking Access for the Unbanked Imagine holding a bank in the palm of your hand Mobile banking
More informationMicrofinance In the MENA Countries
Microfinance In the MENA Countries A position paper on Partnership for Development prepared to MENA - Net Conference Cairo - Egypt Dec. 13-17, 1998 Radi Atoom Project Director D.E.F, Jordan 1 1.0 : Preface
More informationLOAN ANALYSIS. 1 This is drawn from the FAO-GTZ Aglend Toolkits 1 5 for the training purpose.
LOAN ANALYSIS AGLEND1 is a financial institution that was founded in the early nineties as a microcredit NGO. In the beginning, its target clientele were micro- and small entrepreneurs in the urban area.
More informationBusiness. Small. Banking
26 Public Accountability Statement CIBC has been an important part of the Keelan family business for more than 50 years. For third-generation business owner Joyce Keelan, pictured with CIBC Branch Manager
More informationEFL Case Study: Leveraging EFL to Increase Efficiency in MSME Lending
EFL Case Study: Leveraging EFL to Increase Efficiency in MSME Lending BTPN Indonesia Executive Overview BTPN, Indonesia s 4 th largest MSME lender i, engaged EFL to better leverage credit data analytics
More informationSECTOR ASSESSMENT (SUMMARY): FINANCE
Microfinance Expansion Project (RRP PNG 44304) Sector Road Map SECTOR ASSESSMENT (SUMMARY): FINANCE 1. Sector Performance, Problems, and Opportunities 1. During 2000 2006, the growth in population in Papua
More informationEntrepreneurship is attractive to many youth in the abstract. Key Messages. Data and methodology
Development programs in Egypt often encourage entrepreneurship as a means of combating the high level of youth unemployment. However, while over half of Egyptian youth say that they would prefer having
More informationFigure 1: Growth in the number of loans disbursed (n=418)
Issue 6, August 2014 U.S. Microenterprise Census Highlights, FY2012 Size of the field Based on extrapolations from Census data, FIELD estimates that the U.S. microenterprise industry served 329,538 individuals
More informationAnnex I to the Open Call for Expression of Interest to select Financial Intermediaries under EaSI Guarantee Financial Instrument
To: European Investment Fund EaSI 37B, avenue J.F. Kennedy L - 2968 Luxembourg EXPRESSION OF INTEREST For the (Counter-)Guarantee in the context of the EaSI Applicant submitting the Expression of Interest:,
More informationMOTIVATIONAL MEASURES AND INNOVATIVE SERVISES FOR YOUTH EMPLOYMENT IN KENYA
MOTIVATIONAL MEASURES AND INNOVATIVE SERVISES FOR YOUTH EMPLOYMENT IN KENYA PAPER PRESENTED AT WAPES YOUTH EMPLOYMENT WORKSHOP, MARRAKECH, MOROCCO 29 TH TO 30 TH OCTOBER 2013 BY WILLIAM ONGERI ACTING ASSISTANT
More informationILO BEST PRACTICES FOR INTEGRATING ENTREPRENEURSHIP EDUCATION: ARAB STATES EXPERIENCE
ILO BEST PRACTICES FOR INTEGRATING ENTREPRENEURSHIP EDUCATION: ARAB STATES EXPERIENCE R A N I A B I K H A Z I E N T E R P R I S E D E V E L O P M E N T S P E C I A L I S T I N T E R N A T I O N A L L A
More informationEntrepreneurship Education and Business Practices. Experience of the University of Dar es Salaam Entrepreneurship p Centre (UDEC)
Entrepreneurship Education and Business Practices Experience of the University of Dar es Salaam Entrepreneurship p Centre (UDEC) Dr. Goodluck Charles Deputy Director, UDEC Agenda Entrepreneurship education
More informationMicrofinance Expert, CEO of YOSEFO Finance Chairman of the Board of Directors of Mbinga Community Bank
A CLKnet FORUM PRESENTATION BY ALTEMIUS MILLINGA Microfinance Expert, CEO of YOSEFO Finance Chairman of the Board of Directors of Mbinga Community Bank 11 th April, 2012 1 Tanzania s Financial Sector Landscape
More information6 th African Microfinance Conference
6 th African Microfinance Conference Presentation by: Mr. Wilson Twamuhabwa CEO, UGAFODE Microfinance Limited (MDI) President AMFIU- Uganda MFI Network Contact: wtwamuhabwa@ugafode.co.ug About UGAFODE
More informationYOUTH GUARANTEE IS ON THE YOUNG PERSON'S SIDE! www.nuorisotakuu.fi 1
YOUTH GUARANTEE IS ON THE YOUNG PERSON'S SIDE! www.nuorisotakuu.fi 1 Contents What is the youth guarantee? Why the youth guarantee? Goals and messages of the youth guarantee Who implements the youth guarantee?
More informationFinancial Linkage and Monitoring System for Rural Entrepreneurship Development Programme (REDP) Valerie Fitton-Kane.
TISES Project Report Financial Linkage and Monitoring System for Rural Entrepreneurship Development Programme (REDP) Valerie Fitton-Kane University of Cambridge 28 August 2008 Project Objectives Primary
More informationSmall Business Initiative. Investing in small businesses, building big economies
Small Business Initiative Investing in small businesses, building big economies Impact: This contributes to creating a vibrant small and medium-sized enterprise (SME) sector, a vital ingredient for a healthy
More informationMicrofinance for entrepreneurship in Europe. Milan, 07/11/2014
Microfinance for entrepreneurship in Europe Milan, 07/11/2014 About EMN The European Microfinance Network (EMN) was launched by ADIE (FR), nef (UK) and evers&jung (GE) in April 2003, with the support of
More informationPromotion of Women Small Businesses by Equity Bank Tanzania: FANIKISHA+ Loan Product Introduction
SCBF #2011-06 January 2014 Promotion of Women Small Businesses by Equity Bank Tanzania: FANIKISHA+ Loan Product Introduction 1. Development Relevance Macroeconomic and poverty context: Tanzania continued
More informationStreet (UK) Learning From Community Finance
April 2005 Street (UK) Learning From Community Finance In recent years community leaders, charities, business people and politicians have championed the development of community development finance as
More information3 rd Africa Europe Youth Leaders Summit People, Prosperity and Peace. Summit Paper
3 rd Africa Europe Youth Leaders Summit People, Prosperity and Peace 31 March to 1 April 2014 Summit Paper Introduction In 2014 half of the world s population are under 25 years old. In order to give young
More informationThe Sovereign Wealth Fund Initiative Fall 2012
The Sovereign Wealth Fund Initiative Fall 2012 Growing a Middle East- Middle Class: Where Small Investment Goes a Long Way Summary By Elissa McCarter Vice President of Development Finance CHF International
More informationGlobal South-South Development EXPO 2014
Global South-South Development EXPO 2014 ILO Solution Forum: Microinsurance Washington DC, 19 November 2014 What do the working poor need? Opportunity: government policy, action Organisation: Co-ops, MFIs,
More informationACCESS TO FINANCIAL SERVICES IN MALAWI: POLICIES AND CHALLENGES
UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT Expert Meeting on THE IMPACT OF ACCESS TO FINANCIAL SERVICES, INCLUDING BY HIGHLIGHTING THE IMPACT ON REMITTANCES ON DEVELOPMENT: ECONOMIC EMPOWERMENT
More informationSECTOR ASSESSMENT (SUMMARY): MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT
Women s Entrepreneurship Support Sector Development Program (RRP ARM 45230) SECTOR ASSESSMENT (SUMMARY): MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT A. Overview 1. Significance of micro, small,
More informationBusiness Promotion Strategy in Sweden
SWEDISH AGENCY FOR ECONOMIC AND REGIONAL GROWTH Open up! National Strategy for Business Promotion on Equal Terms 2015 2020 CONTENTS A strategy for a level playing field...............................5
More informationInvestment incentives in Bulgaria
Investment incentives in Bulgaria Types of incentives under the current Bulgarian legislation Tax incentives Incentives under the Investment Promotion Act (IPA) Employment incentives (training and job
More informationThe Impact of Interest Rate Ceilings on Microfinance Industry
The Impact of Interest Rate Ceilings on Microfinance Industry Ali Saleh Alshebami School of Commerce & Management Science, SRTM University, India E-mail: Talk2aliii@gmail.com Prof. D. M. Khandare School
More informationenda inter-arabe micro-credit program c r e n d a
enda inter-arabe micro-credit program c r e n d a Towards self-sufficiency Business Plan 2003-2005 February 2003 enda inter-arabe 3, rue el aâcha cité ettadhamen, 2041, tunisie tel: (216) 71 650 690-71
More informationM&E/Learning Guidelines for IPs. (To be used for preparation of Concept Notes and Proposals to LIFT)
Published: 17 March 2015 Background M&E/Learning Guidelines for IPs (To be used for preparation of Concept Notes and Proposals to LIFT) LIFT's new strategy (2015-2018) envisions LIFT as a knowledge platform.
More informationPresentation on: The role of commercial banks in providing funding for small enterprises"
Presentation on: The role of commercial banks in providing funding for small enterprises" The Department of Trade & Industry (the dti) SME Summit 11 12 October 2011 Bloemfontein, Free State Role of Banks
More informationWWBIC FACT SHEET. For More Information: Wisconsin Women's Business Initiative Corporation Email: info@wwbic.com www.wwbic.com www.onlinewbc.
WWBIC FACT SHEET Mission: The Wisconsin Women's Business Initiative Corporation (WWBIC) is a statewide economic development corporation providing quality business education, financial awareness programs,
More informationInnovation and PPP financing: The European Investment Fund
Innovation and PPP financing: The European Investment Fund Dr. Helmut Kraemer-Eis Head of Research & Market Analysis European Investment Fund UNECE - 12 February 2014 Geneva What is the EIF? As part of
More informationIncubator Success Stories in Africa World Bank/infoDev Experience. Oltac Unsal, Manager
Incubator Success Stories in Africa World Bank/infoDev Experience Oltac Unsal, Manager AfDB-EMRC SME Forum, June 2011 What does Incubator Success mean? Three levels and narratives (which may or may not
More informationBrandon Napoli, Director of Micro lending at VEDC
Brandon Napoli, Director of Micro lending at VEDC Statement for Record for the Subcommittee on Economic Growth, Tax and Capital Access of the House Small Business Committee U.S. House of Representatives
More informationROLE OF MICRO FINANCE IN WOMEN S EMPOWERMENT (An Empirical study in Pondicherry region rural SHG s) S.Sarumathi 1 and Dr.K.Mohan 2
1 Journal of Management and Science Vol.1, No.1 (Sep 2011) ISSN: 2249-1260 ROLE OF MICRO FINANCE IN WOMEN S EMPOWERMENT (An Empirical study in Pondicherry region rural SHG s) S.Sarumathi 1 and Dr.K.Mohan
More informationCommunity Developments
Comptroller of the Currency Administrator of National Banks Community Developments W i n t e r 2 0 0 3 Community Affairs OnLine News Articles Business Assistance Partnerships Help Minority Entrepreneurs
More informationCastrol India Limited Corporate Social Responsibility (CSR) Policy
Castrol India Limited Corporate Social Responsibility (CSR) Policy I. Title and Applicability Castrol India is a Public Limited Company with 70.92% of the equity held by Castrol Limited UK (part of BP
More informationMaking investment opportunities for farmers and rural businesses with the EAFRD FIs ESTONIA
Making investment opportunities for farmers and rural businesses with the EAFRD FIs ESTONIA Merle Saaliste Estonian Ministry of Agriculture, 24.06.2015 Content: 1. Why FIs from the EAFRD? 2. Ex ante assessment
More informationCommunity Investing in Canada. Written by: Susannah Cameron, Executive Director Canadian Community Investment Network Cooperative Canada
Community Investing in Canada Written by: Susannah Cameron, Executive Director Canadian Community Investment Network Cooperative Canada TABLE OF CONTENTS Introduction... 1 Describing the community investing
More informationmicrocredit toolkit introduction
microcredit toolkit introduction Contents Microcredit: A powerful tool in your hands 2 Vancity s Peer Lending Program 2 How does a Peer Lending Program work? 3 The Microcredit Toolkit: A way to share our
More informationIt is always EaSIer said than done Per-Erik Eriksson, Head of Microfinance Investments
It is always EaSIer said than done Per-Erik Eriksson, Head of Microfinance Investments Technical workshop on the new EaSI guarantee Brussels on 21 April 2015 Old EPMF G:tee Basic product features Cover
More information-9- SPONSOR S FOREWORD EXECUTIVE SUMMARY. Bob Annibale. Bill Van Dyke * SPONSOR FOREWORD
138 Bill Van Dyke Bob Annibale -9- SPONSOR S FOREWORD EXECUTIVE SUMMARY Country Officer of Citi in Spain SPONSOR FOREWORD The 471,354 micro and small enterprises operating in Madrid represent more than
More informationFlexible Repayment at One Acre Fund
Executive Summary To meet client needs cost- effectively, on a large scale, and in difficult operating environments, microfinance institutions (MFIs) have relied on simple and standardized loan products.
More informationCASE STORY ON GENDER DIMENSION OF AID FOR TRADE. Banking on Women Pays Off: Creating Opportunities for Women Entrepreneurs
CASE STORY ON GENDER DIMENSION OF AID FOR TRADE Banking on Women Pays Off: Creating Opportunities for Women Entrepreneurs Banking on Women Pays Off Creating Opportunities for Women Entrepreneurs International
More informationSegmenting the youth market to deliver age-appropriate savings and training services in Uganda
By Flavia Nakamatte and Laura Muñoz Segmenting the youth market to deliver age-appropriate savings and training services in Uganda Youth programme summary Types of youth services Age groups of clients
More informationFacilitating Remittances to Help Families and Small Businesses
G8 ACTION PLAN: APPLYING THE POWER OF ENTREPRENEURSHIP TO THE ERADICATION OF POVERTY The UN Commission on the Private Sector and Development has stressed that poverty alleviation requires a strong private
More informationTurkey. Country Fact Sheet. The MDG- F in Turkey. Joint Programmes Information. Joint Programmes: 4 Total Budget: USD 17,311,930
Turkey Country Fact Sheet The MDG- F in Turkey s: 4 Total : USD 17,311,930 National Steering Committee Members: Ministry of Development, UN Resident Coordinator, representative of the Spanish Government.
More informationBuilding responsible financial institutions. Capacity building for MFIs, banks, networks and associations
Building responsible financial institutions Capacity building for MFIs, banks, networks and associations MFC Services Presentation 2015 What We Do We support microfinance institutions, credit unions and
More informationDesigning, pilot testing and scaling up a youth product
By Laura Muñoz Designing, pilot testing and scaling up a youth product This paper presents the main achievements and challenges PEACE, a YouthStart partner, had in the process of developing youth offerings
More informationO N S U L T A T I V E G R O U P T O A S S I S T T H E P O O R E S T
P A R T I C I P A N T C O U R S E M A T E R I A L S Financial Analysis C O N S U L T A T I V E G R O U P T O A S S I S T T H E P O O R E S T NOTE The participant course materials contain the main technical
More informationEntrepreneurship Education at European Universities and Business Schools Results of a Joint Pilot Survey
Entrepreneurship Education at European Universities and Business Schools Results of a Joint Pilot Survey OECD International Conference Foster Entrepreneurship: The Role of Higher Education June 23-24,
More informationBY: ISAAC YAW BUABENG HEAD OF MARKETING, RESEARCH AND EXTERNAL RELATIONS (NIC)
BY: ISAAC YAW BUABENG HEAD OF MARKETING, RESEARCH AND EXTERNAL RELATIONS (NIC) Microinsurance is intended to protect the poor in the society, particularly those working in the informal sector. Often poverty
More informationBanco Santander HOUSING MICROFINANCE WITH CONSTRUCTION TECHNICAL ASSISTANCE CASE STUDY:
A woman in front of her improved house. HOUSING MICROFINANCE WITH CONSTRUCTION TECHNICAL ASSISTANCE CASE STUDY: Banco Santander HFHI/LAC Executive summary This case study presents key lessons that emerged
More informationHow To Support A Business In Europe
Support for Research, Development and Innovation Introduction: «Financial instruments for SMEs and larger companies provided by the European Union and the European Investment Bank» Seminar on «Financial
More informationHOW TO RUN A SUCCESSFUL LAUNDRY BUSINESS FROM HOME
HOW TO RUN A SUCCESSFUL LAUNDRY BUSINESS FROM HOME http://www.onwealthclub.com1 INTRODUCTION A civil servant once came to share a happy success testimonial to a Christian group I belong to. In his testimonial,
More informationCanada Population: Fertility rate: GDP per capita: Children under 6 years: Female labour force participation:
Canada Population: 32.2 m. Fertility rate: 1.53. GDP per capita: USD 30 700. Children under 6years: 2 074 860 (2005). Female labour force participation: 73.5% of women (15-64) participate in the formal
More informationUNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION (UNIDO) Executive Summary. Access to finance for youth and women entrepreneurs in Myanmar
UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION (UNIDO) Executive Summary Access to finance for youth and women entrepreneurs in Myanmar Prepared by: IPC - Internationale Projekt Consult GmbH On behalf
More informationImpact of Business Training on the Success of Start-ups by Women Entrepreneurs in Lebanon
Impact of Business Training on the Success of Start-ups by Women Entrepreneurs in Lebanon Khusrav Gaibulloev-UAE Zein Zabaneh- Jordan Benjamin kachero-uganda Mohammed Ben Hafoune- Morocco Rami Allow-Lebanon
More informationSME Loan Defaults in Bangladesh
ASIA-PACIFIC RESEARCH AND TRAINING NETWORK ON TRADE POLICY BRIEF BRIEF NO. 41 JUNE 2014 SME Loan Defaults in Bangladesh WAJID HASAN SHAH* Summary SMEs are vital for growth and jobs in Bangladesh, accounting
More informationGVEP S EXPERIENCE WITH WORKING WITH WOMEN ENTERPRENUERS IN EAST AFRICA. By Phyllis Kariuki and Patrick Balla
GVEP S EXPERIENCE WITH WORKING WITH WOMEN ENTERPRENUERS IN EAST AFRICA By Phyllis Kariuki and Patrick Balla Introduction This paper draws on GVEP International s experience in working with women entrepreneurs
More information