Sustainable Access to Finance to Enable Entrepreneurship (SAFEE)
Status
active
Period
December 2023 – November 2028
In Partnership With
Kifiya Financial Technologies Plc, a digital financial solutions in Ethiopia and our key partner in creating a powerful financial ecosystem, unlocking access to finance for young entrepreneurs across Ethiopia.
Target Impact
2,181,155 Youth In Work.
-
10,746
Youths engaged (78% young women).
-
2,611
Youths accessed work opportunities (80% young women).
-
434
MSMEs supported with loans and 6 banks onboarded.
Partnership Focus
Enable 2.18 million young people to find work through uncollateralized digital financial services for MSMEs. Improve digital, financial literacy, and business skills. Enhance credit access for vulnerable youth. Scale technology for inclusive credit scoring and digital lending. Capacitate financial institutions to address youth needs. Implement inclusive liquidity facility and credit guarantee scheme. Strengthen regulatory environment for uncollateralized digital lending.
