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Opportunity Salone Programme – Jobs and Growth programme in Sierra Leone
- eval_number:
- 2342525
- eval_url:
- https://webapps.ilo.org/ievaldiscovery/eval/2342525
- location:
- country:
- Sierra Leone
- region:
- Africa
- eval_title:
- Opportunity Salone Programme – Jobs and Growth programme in Sierra Leone
- recommendations:
- date:
- 2025-05-21 00:00:00.0
- themes:
- theme:
- Organizational issues
- category:
- Programme sustainability
- action_plan:
- The project is following an existing strategy of tailored financing to agri-businesses in the Cassava, vegetable and oil palm value chains. The project will now e chains - Value chains financing and digital financing, including financial literacy. The project will proceed to negotiate widening the financing base by strategically positioning SMEs to access funding from the UNCDF initiative which is funded by the EU.
- management_response:
- Partially Completed
- progress:
- Partially achieved
- admin_units:
- CO-Abuja
- title:
- 3. Facilitate innovation in financial products through collaborations with market players: To ensure the sustainability of access to finance outside of the project’s resources, the SMEs should be aware of the limited funding through project facilitation and should also be linked to the innovative financial products. Introducing more innovative A2F solutions is essential to provide tailored financial products that meet the specific needs of various beneficiary groups. For instance, developing flexible loan products for small businesses and cooperatives, such as those used by the women entrepreneurs in Kenema, can encourage a more responsible approach to finance. Partnering with financial technology companies to introduce mobile banking solutions and digital financial services can also broaden access and reduce the reliance on handouts. These innovations should be documented meticulously to evaluate their impact and scalability.
- project_symbols:
- SLE/21/01/EUR
- url:
- https://webapps.ilo.org/ievaldiscovery/recommendations/2342639
- information_source:
- Country Office
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