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Improved Business Development Support Services and Entrepreneurship Education Targeting MSMEs and Youth for the Creation of Decent Work Opportunities in Iraq - Final evaluation
- eval_number:
- 3477
- eval_url:
- https://webapps.ilo.org/ievaldiscovery/eval/3477
- location:
- country:
- Iraq
- region:
- Arab States
- eval_title:
- Improved Business Development Support Services and Entrepreneurship Education Targeting MSMEs and Youth for the Creation of Decent Work Opportunities in Iraq - Final evaluation
- recommendations:
- date:
- 2022-11-07 00:00:00.0
- themes:
- theme:
- Organizational issues
- category:
- Programme implementation
- action_plan:
- This project has been closely working with the Prosoects project in Iraq to make sure that beneficiaries are included in financial access ptogrammes to enable them to start and improve their businesses. There are ongoing efforts to collaborate and sign MoU with financial and non-financial institutions across KRG and federal Iraq (such as:1 trillion initiatives) to facilitate beneficiaries access to finance following completion of SIYB, FE and KAB programmes.
The ILO will continue to promote and take a lead for better coordination between agencies that provide SIYB, FE and KAB training and those who provide financial services to enhance end beneficiaries achieve their objectives.
- management_response:
- Completed
- progress:
- Partially achieved
- admin_units:
- RO-Arab States/DWT-Beirut
- title:
- Recommendation 6. Coordination between agencies that provide SIYB and financial education trainings and those who provide grants, loans and financial supports is strongly needed
Most of beneficiaries who were supported by loans or grants following the SYB, IYB and financial education trainings have been able to start or improve their business. The public and private institutions and NGOs in charge of training in ILO tools should facilitate the access to finance to the beneficiaries by enhancing their coordination with financial institutions and with ILO/Prospects, as one of the main interventions of the latter is building the capacity of financial institutions and in facilitating access to finance for small enterprises. A total of 300 beneficiaries were able to get a loan thanks to the programme implemented by Prospects with financial institutions in Iraq.
- project_symbols:
- IRQ/19/03/DEU
- url:
- https://webapps.ilo.org/ievaldiscovery/recommendations/16233
- information_source:
- Country Office
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