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Microenterprises Training Services

This Multilateral Investment Fund operation tests and demonstrates the feasibility of establishing, on a small scale, a sustainable market for training services to small and microentrepreneurs (SMEs), in order to improve their competitiveness and productivity. The three components are: a) an Information and Referral Service (IRS); b) a Training Voucher System (TVS); and c) a Training Technologies Development Fund (TTDF). The first component will: a) facilitate the access of SMEs to the available supply of training services and, eventually, to other non-financial SME services; b) orient the suppliers of these training services regarding the needs and preferences of the SMEs; and c) facilitate client/supplier negotiations regarding adequacy, quality, and price of the training courses. The Guyana Volunteers Consultancy Ltd. (GVC), the executing agency, will establish three or four strategically located "information desks" in different cities, which will: a) channel two-way information to and from suppliers and clients b) demand preferences and course offerings; c) maintain a database of information on clients; d) establish and maintain a database on suppliers and courses; e) publicize and disseminate information about the program components; and f) report to GVC and the Program Consultative Committee (PCC) the statistics on voucher disbursement, courses offered and demanded, and qualitative information received from potential and actual clients and training institutions (TIs). The second component will: a) promote SME demand for training through the application of a direct partial subsidy (vouchers); b) promote the adaptation of the existing, and potential, supply of these services to the needs and preferences of the SMEs, by requiring that the vouchers collected by the participating TIs be redeemed after course completion and initial payment of cash co-payment by the clients; and c) generate increasing sustainability of the SME training market. The third component supports the identification, diffusion, and application of pedagogic and administrative innovations and teaching technologies within the participating TIs, giving them expert advice and training in how to structure training products and achieve financial self-sufficiency.

Project Detail

Country

Guyana

Project Number

TC9807069

Approval Date

November 10, 1999

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

PRIVATE FIRMS AND SME DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 1,433,000.00

Country Counterpart Financing

USD 533,000.00

Original Amount Approved

USD 900,000.00

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1286645831-3864
Project Performance Monitoring Reports
PPMR for MIF project TC9807069 - ATN_MH-6750-GY [1783370].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1286645831-3865
Project Performance Monitoring Reports
PPMR for MIF project TC9807069 - ATN_MH-6750-GY December, 2000 [1783371].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1286645831-2612
Donors Memorandum
GUYANA_ Development of the Microenterprise Training Services Market [1103375].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1286645831-9117
Donors Memorandum
Desarrollo del mercado de servicios de capacitación para microempresas [454664].PDF
Dec. 31, 1999
Spanish
Closed Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1286645831-606
Project Completion Report
Microenterprise Training Services Marketing Program - MIF_AT-301 MPCR [630514].DOC
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1286645831-3269
Final Evaluation Report
MIF_AT-301 - Development of a Micro-enterprise Training Services market - Final Evaluation [1546136].PDF
Dec. 31, 1999
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1286645831-4005
Project Abstract
Project Abstract for MIF project TC9807069 - ATN_MH-6750-GY [1793007].PDF
Dec. 31, 1999
English

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