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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

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

Key Tags

Entrepreneurship, Gender