SMLL SCALE ENTRP IV

closed

The Fourth Small-Scale Enterprise Project will enhance the contribution of small scale enterprises (SSEs) to industrial development. Specifically, the loan will help modernize and expand production by: (a) facilitating the access of SSEs to formal credit; (b) promoting lending to SSEs by participating financial intermediaries (PFIs); (c) providing more focused and integrated technical and managerial assistance support to increase the productivity of eligible SSEs and reinforce coordination among organizations that provide technical and financial assistance to the small firms; and (d) further strengthening the management and technical skills of PFIs that provide credit to SSEs. To achieve these objectives, the project will comprise: (a) a credit component to finance SSE fixed assets, permanent working capital and subproject related technical and managerial expenditures; and (b) a technical assistance program.