Project profile — Loan guarantee fund-Support to women and youth's socioeconomic empowerment in Senegal



Overview 

CA-3-P007765002
$1,783,715
DID - Développement international Desjardins (CA-CRA_ACR-3104905757)
2022-09-05 - 2028-09-30
Operational
Global Affairs Canada
WGM Africa

Country / region 

• Senegal (100.00%)

Sector 

• Formal sector financial intermediaries:
Formal sector financial intermediaries (24030) (12.00%)
Informal/semi-formal financial intermediaries (24040) (30.00%)
Education/training in banking and financial services (24081) (50.00%)
• Industry: Small and medium-sized enterprises (SME) development (32130) (8.00%)

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 (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (significant objective)
• Disaster Risk Reduction(DRR) (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• Nutrition (not targeted)
• ICT as a tool for development (significant objective)

Description 

This project represents funding allocated to the loan guarantee fund of the Support to women and youth's economic and social empowerment project in Senegal. For administrative reasons, a separate project number has been assigned to this funding. Please refer to this link for further information on the support to women and youth's economic and social empowerment project in Senegal: P007765001

Expected results 

The expected outcomes of this project include: (1) increased access to financial products and services tailored to the needs and sustainable practices of businesses owned by women and young graduates; (2) increased productive investments by women and young graduates in their business; and (3) enhanced coherence in taking gender equality into account in the financial inclusion policies and programs that state actors develop and implement.

Results achieved 

N/A

Budget and spending 


Original budget $0
Planned disbursement $891,857
Transactions
Country percentages by sector
Type of finance Reimbursable grant
Collaboration type Bilateral
Type of aid Project-type interventions