Few words about WEDP
Women Entrepreneurship Development Project (WEDP) is a project providing training and credit to micro and small enterprises owned or partly owned by the participating female entrepreneurs in Addis Ababa, Dire Dawa, Mekele, Bahir Dar, Adama , Hawassa, Assela, Axum, Dilla and Gondar Cities to increase the earnings and employment of the enterprises.
Component 1: Access to Microfinance
The aim of the component is to facilitate access to financial services for female growth oriented entrepreneurs by providing working capital and investment finance through a dedicated line of credit. At the same time, the component aims at improving the capacity of existing MFIs to serve female growth oriented entrepreneurs with tailored financial products.
The component is based on a two-tier structure where the Development Bank of Ethiopia (DBE) will act as an MSE finance wholesaler engaged in the business of lending to qualified Participating Financial Institutions (PFIs) with the specific requirement of on-lending only to female-owned or partly female-owned micro and small enterprises. The PFIs will engage in the retail distribution of sub loans to this specific target of MSE clients. The lending activities operated by DBE and the MFIs triggers ,Intermediary Lending, and WEDP has been designed to fully comply with this operational policy .
Component 2: Entrepreneurial skills Development
The aim of this component is to develop growth oriented women entrepreneurs’ skills, facilitate their access to more productive technologies that can raise their incomes, and help unleash synergies from clustering. This will be achieved through designing and implementing a capacity building technical assistance program to strengthen the capacity of the institutions that will provide direct services to the WEDP participants, particularly the One Stop Shops and TVET colleges, and the supporting/coordinating institutions such as the City MSE Development Offices.
Component 3: Project Management, advocacy and outreach, Monitoring & Evaluation and Impact Evaluation.
Project Management Team is a National Project Management Team (NPMT) within FUJCFSA under the Ministry of Urban Development and Construction (MoUDC). The operational responsibility for the project implementation in the regions will rest with the City Offices, MFIs and TVET colleges using OSS as the entry point. The existing federal coordinating body for MSE development, the National MSE Development Council, will be supplemented with representatives of the Chamber of Commerce and Sectoral Association and the Ethiopian Women Entrepreneurs Association and will have the overall coordinating role of the WEDP. This will ensure coordination and support from the multiple sectors involved in the project.
Hawassa City Coordinator firstname.lastname@example.org +251941052754 Hawassa , Ethiopia .
Addis Ababa City Coordinator Suriat @wedpet.org +251920722917 Addis Ababa , Ethiopia .
Addis Ababa City Coordinator Ziyen@wedpet.org +251911829274 Addis Ababa , Ethiopia .
Dareskedar Abebe City Coordinator email@example.com +251941052754 Dire Dawa , Ethiopia .
Abeba Gidey Gezu
Abeba Gidey Gezu City Coordinator firstname.lastname@example.org +251941009785 Mekele , Ethiopia .
email@example.com +251960973013 Adama , Ethiopia .
Sintayehu@wedpet.org +251910355537 Dilla , Ethiopia .
firstname.lastname@example.org +251918764538 Gondar , Ethiopia
email@example.com +251918764538 Bahir Dar , Ethiopia