Project profile — Women Entrepreneurship Development Program in Ethiopia



Overview 

CA-3-A035392001
$10,144,400
IBRD Trust Funds - World Bank (44001)
2013-03-22 - 2019-03-31
Operational
Global Affairs Canada
WGM Africa

Country / region 

• Ethiopia (100.00%)

Sector 

• Secondary Education: Vocational training (11330) (15.00%)
• Banking And Financial Services: Formal sector financial intermediaries (24030) (60.00%)
• Business And Other Services: Business support services and institutions (25010) (15.00%)
• Industry: Small and medium-sized enterprises (SME) development (32130) (10.00%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (significant objective)
• Participatory development and good governance (not targeted)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (not targeted)
• Urban issues (significant objective)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• ICT as a tool for development (not targeted)

Description 

This project aims to support women entrepreneurs in certain urban and surrounding areas in Ethiopia. It seeks to give women entrepreneurs better access to finance and entrepreneurial and technical training and services. Women who have experience in running their own micro or small business decide to participate in the program and the components of the program that are most useful for them. The program helps women gain access to microfinance, provides training on skill development, technology and product development, and also includes general advocacy and outreach initiatives. This initiative seeks to increase the incomes and employment of female-run micro and small businesses. It aims to provide loans to about 17,500 women entrepreneurs, facilitate access to financial services, and improve the capacity of existing microfinance institutions.

Expected results 

The expected intermediate outcomes for this project include: increased earnings and employment of micro and small enterprises owned or partly owned by the participating female entrepreneurs in the targeted cities of Ethiopia.

Results achieved 

Results achieved as of March 2018 include: (1) 2,583 women were provided business loans at a value of $42 million; (2) 3,694 women were provided business training; (3) 5,711 women registered with project. These results have contributed to give women entrepreneurs in Ethiopia gain better access to finance, entrepreneurial, technical training and services.

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Transaction Date Type Value
19-11-2018 Disbursement $144,400
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Basket funds/pooled funding
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