Case Study
Midterm Evaluation of the Microenterprise Development Project in Jamaica
Has the Microenterprise Development Project improved knowledge and awareness of microcredit?
139 pages
This paper evaluates the implementation of the Microenterprise Development Project (MDP)- credit, non-credit, and policy reform.
Findings reveal that:
- MDP has played and continues to play an important role in educating policy makers and practitioners on proven microcredit methodologies and has become a catalyst for drawing attention to an important sector of the economy;
- It has strengthened the capacity of NGOs and has provided technical assistance to other microcredit agencies to support development of their institutional skills and to increase their understanding of microenterprise lending concepts;
- By the development and dissemination of agile methodologies that reduce the transactions costs of both borrowers and lenders, MDP has indirectly increased the flow of financial services to MSEs;
- A conscious attempt was made to address gender issues during the appraisal and design stages of MDP. This emphasis has enabled MDP to reach a large number of women entrepreneurs by ensuring that women are seen by lending agencies as an important client segment;
- MDP supported the Office of the Prime Minister (OPM) and other donors in the development of a national data base. This will enable the formulation of macro policies for the sector.
[Author's abstract]
About this Publication
Published
