This project shall be the instrument referred to as such in article 1 of the Standard Basic Assistance Agreement between the Government of Angola and the United Nations Development Programme, signed by the parties on 18 February 1977. The host country’s implementing agency shall, for the purpose of the Standard Basic Assistance Agreement, refer to the Government co-operating agency described in that Agreement.
ANNEX IV – Results Framework - Microfionance Component
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Intended Outcome:
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Development of a diverse and robust micro, small and medium enterprise sector in Angola as contribution to the National Poverty Reduction Strategy.
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Outcome indicator:
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Number of New micro, small and medium enterprises, and growth rate of existing enterprises
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Partnership Strategy:
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Working closely with the Central Bank (Banco Nacional de Angola), the microfinance component manager will provide technical assistance and financial resources (which may be used to purchase international technical assistance to specialised microfinance institutions, banks, the Angolan Government and BNA, to support the development of the consistent and client-friendly offer of credit services to micro, small and medium enterprises
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Project Title:
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Angola Enterprise Programme - Microfinance Component
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Project Number:
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ANG/03/011
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Intended Outputs
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Output Target
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Activities
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Resources
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Description | Years |
1.1. Existing microfinance institutions have increased their capacity and outreach
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1.1.1. The Number of clients attended by microfinance institutions in Angola is increasing, along with performance indicators (portfolio quality, productivity, and efficiency)
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X
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1.1.1.1 Identify two microfinance institutions that have the potential and commitment to reach sustainability and large outreachIdentify Short List of Candidate Institutions to Host the Research Unit, among Angolan Universities and research institutes
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Credit Component Manager
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X
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1.1.1.2 Conduct an institutional assessment of identified institutions
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Credit Component Manager + National Staff (2)
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X
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1.1.1.3 Review business plans
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Credit Component Manager + National Staff (2)
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X
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1.1.1.4 Prepare a joint capacity building plan for tailor made institutional support
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Credit Component Manager + National Staff (2)
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X
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1.1.1.5 Negotiate performance based agreement
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Credit Component Manager
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X
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1.1.1.6 Draft Terms of Reference and contract modalities for TSP
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Credit Component Manager + National Staff (2)
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X
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X
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1.1.1.7 Identify and recruit Technical Service Provider
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Credit Component Manager + TSP
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X
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X
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X
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1.1.1.8 Execute capacity building plan
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TSP
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X
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X
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X
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1.1.1.9 Regular follow-up
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National Staff (2)
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Intended Outputs | Output Target | Activities |
Resources
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Description | Years |
1.2. Commercial banks have increased their capacity and outreach in financing of small and medium enterprises by downscaling their operations
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1.2.1. Number of Enterprise Loans between US$10k and $100k increasing
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X
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1.2.1.1 Establish eligibility criteria for support to banks in downscaling pilots
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Credit Component Manager
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X
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1.2.1.2 Inform banks on criteria and potential Project support
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Credit Component Manager + National Staff (2)
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X
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X
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X
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1.2.1.3 Request proposals of commercial banks,
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National Staff (2)
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X
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X
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X
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1.2.1.4 Select four proposals submitted by banks to the Project
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National Staff (2)
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X
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X
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X
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1.2.1.5 Establish MOU with selected banks
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Credit Component Manager
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X
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X
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X
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1.2.1.6 Identify and recruit consultants
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Credit Component Manager + National Staff (2) + Short Term Consultant
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X
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X
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X
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1.2.1.7 Review present product policies and procedures
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Short Term Consultant
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X
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X
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X
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1.2.1.8 Draft advice on adjusted policies and procedures
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Short Term Consultant
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X
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X
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X
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1.2.1.9 Execute selected pilots
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Credit Component Manager + National Staff (2) + Short Term Consultant
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X
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X
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X
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1.2.1.10 Follow-up on pilots with banks
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National Staff (2)
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