The EFSE Development Facility (EFSE DF) was established in 2006 to support the EFSE’s development finance mandate to enhance the long-term development impact of the EFSE’s investments and to maximise outreach to micro, small and medium enterprises and low-income households.
The EFSE Development Facility deploys effective, targeted and innovative technical assistance to maximise the impact and outreach of the Fund’s development finance mandate to final target groups, i.e. micro, small and medium enterprises and low-income private households, in its target countries.
The EFSE Development Facility not only responds to specific requests for support from the EFSE’s partner lending institutions, but also proactively identifies their technical assistance or capacity building needs. In this way, the EFSE and the EFSE DF work hand in hand to build and reinforce long-term partnerships that maximise development finance impact and outreach.
Focused high-impact support
Technical assistance focuses on key areas or processes in EFSE partner lending institutions. To ensure impact, the EFSE DF provides a combination of dedicated consulting, training and on-the job coaching services. Technical assistance is structured in short-term, intensive intervals to allow institutions to absorb and implement training and consulting input.
The EFSE DF provides technical assistance on a cost-sharing basis, which strengthens the ownership and commitment on the part of the partner lending institutions.
Project consultants are selected jointly be the EFSE DF and the partner lending institution. Where possible, the priority is to draw on local resources and expertise to support the development of local know-how.
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