Reporting Organization: | Mennonite Economic Development Associates (MEDA) |
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Total Budget ($CAD): | $ 15,249,536 |
Timeframe: | March 27, 2017 - December 31, 2023 |
Status: | Implementation |
Contact Information: | Unspecified |
Mennonite Economic Development Associates (MEDA)
Unspecified
Nigeria - $ 15,249,536.00 (100.00%) | |
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Law, Governance & Public Policy (53.74 %) | |
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Food Security & Agriculture (24.82 %) | |
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Sexual & Gender-based Violence (19.28 %) | |
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Education (2.16 %) | |
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The project aims to advance economic growth in the agriculture sector by supporting the development of businesses and increasing income generating opportunities for women and youth in Bauchi State. The project seeks to engage government and private sector stakeholders to provide reliable services that support entrepreneurs and small and medium enterprises. By improving economic conditions for women and youth aged 18 to 35, the project also aims to reduce the economic causes of child, early marriage. Project activities include: (1) designing and deploying more accessible and adapted financial services for small scale businesses and entrepreneurs, with a particular focus on women and youth; (2) providing support to small scale businesses to address shared value chain productivity constraints; and (3) developing culturally appropriate awareness campaigns to address early marriage. The project is expected to directly benefit 1,000 small scale businesses and 15,000 entrepreneurs with a focus on rice and sesame value chains for their high growth potential.
Gender and age: | Adult women |
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Descriptors: | Youth |
Total Direct Population: | 21,602 |
509 | village savings and loans associations |
7,961 | Supported entrepreneurs |
217 | Supported small-scale businesses |
1 | Training |
The expected outcomes for this project include: (1) improved performance of small-scale businesses operated by women and youth, in targeted agricultural value chains in Bauchi State; (2) reduced barriers faced by entrepreneurs, especially women and youth, and small scale businesses; and (3) increased community awareness and family support to address the issue of early marriage and promote economic opportunities to young women in Bauchi.
Results achieved as of March 2021 include: (1) formed 509 village savings and loans associations to promote financial literacy and savings. These associations comprise 12,881 members (of whom 94% are women); (2) supported 7,961 entrepreneurs (of whom 94% are women) and 217 small-scale businesses (of which 69% are women-owned), through business development services and 94% of those supported reported improved business performance; and 84% reported an increase in profit; and (3) delivered a Life Skills for Girls program to 543 girls to promote savings, entrepreneurship, life skills, confidence-building, goal-setting and dialogue on preventing child, early and forced marriage. Due to these community dialogues, life skills programs and other related activities, 93% of women and girls surveyed reported a positive change in the community environment around the issue of early marriage.