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Accueil du site → Projets de développement → Projets 2009 → Support to the Afghan microfinance and the Small and Medium Enterprises (SME) in the province of Herat, Farah and Badghis (Afghanistan)

2009

Support to the Afghan microfinance and the Small and Medium Enterprises (SME) in the province of Herat, Farah and Badghis (Afghanistan)

Afghanistan

Titre : Support to the Afghan microfinance and the Small and Medium Enterprises (SME) in the province of Herat, Farah and Badghis (Afghanistan)

Pays : Afghanistan

Date : Expected start date 03/11/2009

Descriptif
In March 2011 the Afghan Ministry of Finance (MoF) and the Microfinance Investment Support Facility for Afghanistan (MISFA) entered into an agreement to implement the Italian Support to Afghan Microfinance and Enterprises (ISAME) project (AID 9309.01.6). However the microfinance and SME sector started declining at national level since the project was first proposed. In addition, one of the leading microfinance institutions, BRAC had to exit the sector due to its portfolio quality and operational management issues. As a result ISAME project intervention has been limited so far only to microfinance component through the Micro-Finance Institution (MFI) OXUS and training through Financial Associations, for a total amount spent of Euro 833,061 out of a total disbursed budget by DGCS of Euro 6.4 Mil. (ex Art. 15 DPR 177/88) In order to reactivate the ISAME Project, MISFA and MOF proposed to align the Project revision with a program financed by the World Bank “Access to Finance”, which include a component defined “Targeting the Ultra Poor” (TUP). On 10th December 2014 the revision of the ISAME Project was approved by the Steering Committee for the Development Cooperation of the Italian Ministry of Foreign Affairs and International Cooperation.

Agence : Italian Agency for Development Cooperation (DGCS until 2015)

Financement : € 6,400,000 Committed

Open Aid Italia

Page publiée le 19 juillet 2019