Project profile — Strengthening Small Business Value Chains



Overview 

CA-3-D001469001
$16,064,999
Mennonite Economic DevelopmentAssociates of Canada (CA-CRA_ACR-0010011098)
2015-03-26 - 2021-03-31
Operational
Global Affairs Canada
WGM Africa

Country / region 

• Tanzania (100.00%)

Sector 

• Informal/semi-formal financial intermediaries:
Informal/semi-formal financial intermediaries (24040) (30.00%)
Education/training in banking and financial services (24081) (20.00%)
• Business And Other Services: Business support services and institutions (25010) (10.00%)
• Industry: Small and medium-sized enterprises (SME) development (32130) (40.00%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (not targeted)
• Participatory development and good governance (not targeted)
• Trade development (significant objective)
• Biodiversity (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• 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 

The project aims to increase the performance of small businesses and entrepreneurs in three regions in Tanzania to help them meet the growing need for goods and services in the mining, gas and agricultural sectors. Weak supply value chains, unattractive debt finance terms and conditions, and a lack of understanding of market needs and opportunities mean that under-capitalized small businesses and entrepreneurs are missing opportunities to contribute to and benefit from rapid economic growth in Tanzania. The project works with key local private sector partners to address these gaps and strengthen business competencies, increase access to productive and financial resources, and improve the business environment in which they operate. The project is expected to accelerate business growth, and thereby contribute to increased incomes, job creation and poverty reduction. Project activities include: (1) improving access and quality of business development services and technologies for 10,000 entrepreneurs (including women entrepreneurs), and 250 small businesses; (2) building market alliances for 2,500 entrepreneurs and 100 small businesses to improve business cooperation and value chain productivity; and (3) increasing access to innovative financial products such as business plan challenge grants (grants that are paid only if the beneficiary organization is able to raise additional funds from other sources) for 80 small businesses and 60 entrepreneur alliances.

Expected results 

The expected intermediate outcomes for this project include: (1) improved business performance of male and female entrepreneurs supplying goods and services to small and growing businesses; (2) improved business performance of male and female-owned small businesses supplying goods and services to larger enterprises in response to market opportunities; and (3) improved business environment fostering growth of small businesses and value chains.

Results achieved 

N/A

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Transaction Date Type Value
07-10-2021 Disbursement $752,670
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Project-type interventions
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