Technical Assistance Programme to Support lending Operations to the Women’s Entrepreneurship Development Project in Ethiopia

Description

The overall objective of this technical assistance operation is to promote responsible financial inclusion, more specifically access to medium and long-term financial services for women owned MSMEs in Ethiopia, so as to reduce poverty and encourage entrepreneurship in the country. The programme seeks to do this by improving the quality and quantity of financial services on offer to the final beneficiaries as a way to support their income generating activities and contribute towards supporting economic development in Ethiopia. The TA operation is related to a European Investment Bank senior loan. Lot 1: Support both WEDP partner MFIs in Ethiopia and the DBE to deploy WEDP funds in an efficient, responsible and sustainable manner, in accordance with the EIB’s and WEDP standards and requirements through capacity building and technical assistance, thereby safeguarding the EIB’s reputation and investments