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.
Micro and small enterprises (MSEs) make important contributions to the Brazilian economy, representing 20 percent of the total gross domestic product nationwide. However, although the MSE sector accounts for a large part of Brazilian businesses, it contributes a minimal percentage to Brazil’s exports (only 3 percent).