Development of a Financial Services offer adapted to Micro and Small Enterprises (MSME) of Colombia (GRADUAR PYMES)
Cooperative Development Organisation
Implementing Partners and Organisations
Phase I: Global Affairs Canada and partner institutions
Phase II: Global Affairs Canada
Phase II: Global Affairs Canada
Period of Implementation
July 2019 - September 2022
Geographic scope
Americas: Colombia
Budget
$ 3,160,000
€ 3 009 524
Donor(s)
Multilateral Aid: Global Affairs Canada and partner institutions
Sector(s)
Banking & Financial Services
Type of Activity
Business-to-Business exchanges, Monitoring & Evaluation, Networking, Technical Assistance & Advisory, Training & Capacity Building
Summary
Results as of December 31, 2021 include: 1) Funding was provided to 1,541 companies, 33% of which are led by women 2) A total of 8,974 jobs were created or maintained
Project Objectives
The Graduar PYMES project provides support to 5 Colombian financial institutions to help them develop a service offering tailored to the needs of micro, small and medium-sized enterprises (MSMEs).
Impact on SDGs
SDG1 - No Poverty
SDG5 - Gender Equality
SDG8 - Decent Work and Economic Growth
SDG10 - Reduced Inequalities