India : Supporting Microentrepreneurship for Women's Empowerment
The capacity building grant is associated with Micro, Small, and Medium Enterprise Development Project (MSMEDP). The primary objective of the grant is to help low-income women entrepreneurs access financial resources, services, and market opportunities in selected Indian states. The grant will (i) assess existing gender policies, strategies, and practices , including institutional arrangements adopted by SIDBI and SIDBI Foundation for Micro Credit (SFMC), its partner microfinance institutions (MFIs), and banks; (ii) organize training targeting the specific needs of women entrepreneurs for SIDBI partner MFIs, nonbanking financial companies (NBFCs) and banks; (iii) support SIDBI retailers in addressing the specific needs and constraints faced by low-income women entrepreneurs in accessing financial services; and (iv) establish a monitoring and evaluation (M&E) system to assess the results of financed activities under this grant.
Project Details
-
Project Officer
Khan, Prabhjot R.
South Asia Department
Request for information -
Country/Economy
India -
Modality
-
Sector
- Industry and trade
| Project Name | Supporting Microentrepreneurship for Women's Empowerment | ||||
| Project Number | 43158-012 | ||||
| Country / Economy | India |
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| Project Status | Closed | ||||
| Project Type / Modality of Assistance | Grant |
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| Source of Funding / Amount |
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| Strategic Agendas | Inclusive economic growth |
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| Drivers of Change | Gender Equity and Mainstreaming Governance and capacity development Knowledge solutions Partnerships Private sector development |
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| Sector / Subsector | Industry and trade / Industry and trade sector development |
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| Gender | Gender equity | ||||
| Description | The capacity building grant is associated with Micro, Small, and Medium Enterprise Development Project (MSMEDP). The primary objective of the grant is to help low-income women entrepreneurs access financial resources, services, and market opportunities in selected Indian states. The grant will (i) assess existing gender policies, strategies, and practices , including institutional arrangements adopted by SIDBI and SIDBI Foundation for Micro Credit (SFMC), its partner microfinance institutions (MFIs), and banks; (ii) organize training targeting the specific needs of women entrepreneurs for SIDBI partner MFIs, nonbanking financial companies (NBFCs) and banks; (iii) support SIDBI retailers in addressing the specific needs and constraints faced by low-income women entrepreneurs in accessing financial services; and (iv) establish a monitoring and evaluation (M&E) system to assess the results of financed activities under this grant. The Executing Agency for the Grant is Ministry of Finance and the Implementing Agency is SIDBI. | ||||
| Project Rationale and Linkage to Country/Regional Strategy | Support for inclusive growth and catalyzing investment through innovative financing methods are two of the strategic pillars of the India CPS (2009-2012). The CPS emphasizes the need to promote financial sector and SME development and to support gender equity issues. With respect to SME development, the CPS explicitly states that (i) the provision of information, markets, technology, and business development services should include mechanisms to promote participation of women and their enterprises; and (ii) gender-based barriers to access finance should be analyzed and addressed. | ||||
| Impact | Enhanced gender equity and women's empowerment by creating a culture of entrepreneurship among women in the grant areas | ||||
| Project Outcome | |
|---|---|
| Description of Outcome | Greater capacity of low-income female microentrepreneurs to access financial resources, services,and market opportunities in the grant areas |
| Progress Toward Outcome | Substantially achieved. |
| Implementation Progress | |
| Description of Project Outputs | Gender-related policies,strategies, and programs institutionalized Stakeholders involved in female entrepreneurship trained Financial services for low-income female micro entrepreneurs developed Effective monitoring and evaluation of results |
| Status of Implementation Progress (Outputs, Activities, and Issues) | 1. Completed. 2. Completed. 3. Completed. 4. Completed. |
| Geographical Location | |
| Safeguard Categories | |
|---|---|
| Environment | C |
| Involuntary Resettlement | C |
| Indigenous Peoples | C |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | As the activities focus mostly on strengthening the capacity of female microentrepreneurs to access financial resources, services, and market opportunities, there are no environmental safeguard issues. |
| Involuntary Resettlement | As the activities focus mostly on strengthening the capacity of female microentrepreneurs to access financial resources, services, and market opportunities, there are no social safeguard issues. |
| Indigenous Peoples | As the activities focus mostly on strengthening the capacity of female microentrepreneurs to access financial resources, services, and market opportunities, there are no social safeguard issues. |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | A series of discussions with relevant stakeholders (i.e., the Government, donor partners, and chambers of commerce), were held to identify challenges and unmet needs in the areas of access to reasonable and timely finance, business development services, capacity development, and awareness building. |
| During Project Implementation | During implementation, discussions and consultations with relevant stakeholders were regularly carried out as part of ongoing activities. |
| Business Opportunities | |
|---|---|
| Consulting Services | The recruitment of consultants under the Grant by the implementing agency would be in accordance with ADB's Guidelines on the Use of Consultants (2010, as amended from time to time). |
| Procurement | All procurement under the grant will be in accordance with ADB's Procurement Guidelines (2010, as amended from time to time). |
| Responsible ADB Officer | Khan, Prabhjot R. |
| Responsible ADB Department | South Asia Department |
| Responsible ADB Division | India Resident Mission |
| Executing Agencies |
Department of Economic Affairs, Ministry of Finance Ministry of Finance Room No. 40-B North Block New Delhi-110001, India |
| Timetable | |
|---|---|
| Concept Clearance | 08 Jun 2009 |
| Fact Finding | 24 Aug 2009 to 04 Sep 2009 |
| MRM | 12 Oct 2009 |
| Approval | 25 May 2010 |
| Last Review Mission | - |
| PDS Creation Date | 16 Jul 2010 |
| Last PDS Update | 27 Sep 2018 |
Grant 9145-IND
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 25 May 2010 | 02 Jul 2010 | 02 Jul 2010 | 30 Jun 2013 | 30 Jun 2018 | 16 Aug 2018 |
| Financing Plan | Grant Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 3.00 | Cumulative Contract Awards | |||
| ADB | 0.00 | 17 Jun 2022 | 0.00 | 1.71 | 74% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 3.00 | 17 Jun 2022 | 0.00 | 1.71 | 74% |
| Status of Covenants | ||||||
|---|---|---|---|---|---|---|
| Category | Sector | Safeguards | Social | Financial | Economic | Others |
| Rating | - | - | - | Satisfactory | - | Satisfactory |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
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| Title | Document Type | Document Date |
|---|---|---|
| Supporting Microentrepreneurship for Women's Empowerment: Implementation Completion Memorandum | Implementation Completion Memorandum | Jun 2020 |
| Supporting Microentrepreneurship for Women's Empowerment | Grant Assistance Reports | Apr 2010 |
| Supporting Microentrepreneurship for Women's Empowerment | Initial Poverty and Social Analysis | Sep 2009 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
Tenders
| Tender Title | Type | Status | Posting Date | Deadline |
|---|---|---|---|---|
| Supporting Microentrepreneurship for Women's Empowerment | Individual - Consulting | Closed |
Contracts Awarded
Procurement Plan
None currently available.