Spanning 2015-2018, Imani’s involvement in this project is still ongoing. The objective is to stimulate inclusive growth and realise the ultimate goals of job-creation and development by growing M/SMEs through enhanced and tailored access to finance and microfinance. The EIB has facilitated the creation of a Southern African Microfinance Facility (budget – 135m Euro), and related country-level institutions in Mozambique, Malawi and Zambia.

The project is to focus on addressing both sides of the problem: the structural inhibitors of microfinance flow in Southern African countries, and the country-, firm- and borrower-level capacity-gaps to facilitate microfinance absorption. It narrows 4 components of upskilling – training programmes for banks and financial intermediaries, consulting and capacity building for banks and financial intermediaries, a set of actions and events to support the needs of M/SMEs, and the design and implementation of appropriate curricula to train banking staff and borrowers.

It narrows 4 components of upskilling – training programmes for banks and financial intermediaries, consulting and capacity building for banks and financial intermediaries, a set of actions and events to support the needs of M/SMEs, and the design and implementation of appropriate curricula to train banking staff and borrowers. Imani is providing STTA support on these 4 components on an ongoing basis.