Grants and Contributions:
Title:
Support to Establish an Entrepreneur Financial Centre in Sri Lanka
Agreement Number:
5007062516 D002739001 P001376001
Agreement Value:
$8,554,688.00
Agreement Date:
Jun 3, 2016 - Sep 30, 2024
Description:
This project aims to increase the capacity of the SANASA movement (the largest cooperative credit association in Sri Lanka) to provide tailored financial and non-financial products and services to micro, small and medium enterprises (MSMEs) in four selected value chains. Of the new MSMEs targeted, at least 40% will be led by women.
Project activities include: (1) establishing an Entrepreneur Financial Centre; (2) providing smallholder producers and micro-entrepreneurs with non-financial services such as training and sector-specific technical advice; (3) developing or adapting specialized financing products for MSMEs; (4) linking MSMEs in selected value chains to large-scale enterprises and end users; (5) convening co-operative sector actors (e.g. through workshops, roundtable discussions) and drafting an advocacy policy on the role of the cooperative sector in supporting MSMEs to be shared with the regulatory authorities.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes for this project include: (1) improved financial and management capacity of smallholder producers and micro-entrepreneurs, particularly women, in targeted value chains; (2) increased provision by the SANASA movement of adapted financial and non-financial services to existing and new MSMEs; and (3) increased recognitions by the Sri Lankan authorities of the cooperatives contribution to effective MSME finance.
Location:
Lévis, Quebec, CA G6V 4C3
Reference Number:
GC-2017-Q1-0012
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
104905757
Recipient Type:
Not-for-profit organization or charity
Additional Information:
The end date is changed to September 30, 2024.
Amendment Date
Mar 31, 2021
Recipient's Legal Name:
DID - Développement international Desjardins
Federal Riding Name:
Bellechasse--Les Etchemins--Lévis
Federal Riding Number:
24010
Program:
International Development Assistance Program
Program Purpose:
The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.
Amendments: