This program is helping generate access to finance, good quality jobs, and increased incomes for Ethiopia’s poor. To achieve its overall end, DAI and consortium partners First Consult/Ethiopia, Itad/UK, Enclude/NL, and BCaD focus on three pillars:
Women’s Entrepreneurship Development Program (WEDP)—enhance the capacity of the Development Bank of Ethiopia to manage a fund of $42 million provided by the World Bank for on-lending through microfinance institutions (MFIs) to small and medium-sized women-owned enterprises in the urban centers of Adama, Bahir Dar, Hawassa, and Mekelle.
Access to Finance (A2F)—Using a Making Markets Work for the Poor (M4P) approach, work with financial institutions at all levels to ensure that poor Ethiopians can obtain finance to launch and grow sustainable businesses.
Agro-Industrial Development—The WEDP and A2F teams will integrate their work with PEPE’s M4P programming to strengthen value chains in livestock and leather, cotton and textiles, and horticulture.
Capitalize on buyer-driven income/employment growth by targeting specific marketing channels in which unmet demand exists—subsequently facilitating a pro-poor supply response.
Making “green” business models work for the poor.
Assist microfinance institutions so they can make more financial products available to micro, small, and medium-sized enterprises.
Eurobank EFG Bulgaria AD (EFGB) is the fifth-largest bank in Bulgaria, operating 272 network locations and employing 2,649 staff. In 2008, the European Bank for Reconstruction and Development selected EFGB to receive a credit line of €25 million under its lending window facility for on-lending to Bulgarian small and medium enterprises (SME).