Finance for Enterprise Development and Employment Creation Project

https://www.ifad.org/en/evaluation/reports/ppa/tags/bangladesh/1402/28809917

Overview

The overall goal of the Finance for Enterprise Development and Employment Creation Project (FEDEC) was to stimulate pro-poor growth to increase employment opportunities and reduce poverty. FEDEC was designed to directly target rural microenterprises and value chains. The project has built the capacity of Palli Karma-Sahayak Foundation (PKSF), the government apex funding agency for non-governmental organizations, and partner organizations to efficiently support microenterprise development. The project successfully combined access to finance, technology transfer, value chain structuring and new market development. A large number of rural microenterprise entrepreneurs â?? the primary target group â?? significantly raised their income and assets as a result of microenterprise loans. However, the change was not as significant for the second target group: the poorest rural people, often landless, and/or members of female-headed households. They were expected to benefit from the growth of microenterprises through employment creation. However, most microenterprises accessing loans did not belong to the most labour-intensive sectors, and the increased demand for labour was largely absorbed by unpaid family labour.

Report Details

Agency

  • International Fund for Agricultural Development (IFAD)

Report Type

  • Project/Programme

Countries

  • Bangladesh

Completed Date

  • Jul 2016

Consultant Name

  • Islam Khairul

Agency Focal Person

  • Evaluation Communication Unit

Agency Focal Person Email

  • evaluation@ifad.org

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Joint Evaluation

  • No

Pooled Funding Evaluation

  • N/A

SDGs