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Establishment of Credit Programme
Proposed Main Users / Purpose of the Tool:
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- Public sector: ministries, regional and local governments
- International donor organizations active in regional economic development
- Local non-governmental economic development organizations
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Central objective of the Credit Programme is to establish an
efficient, interconnected financial system in conjunction with
appropriate financial institutions who in turn provide a broad section
of the population (in particular the poor) with access to local,
cost-efficient, lending facilities. Furthermore, the Credit Programme
also:
- Provides a broad sections of the population (especially the
poor) with access to sustainable lending facilities. Those who
benefit include: the poor in the informal and formal sectors such as
micro-entrepreneurs (with sepcial focus on female entrepreneurs);
Landless farmers; Entrepreneurs with small and medium sized businesses.
- Assist poor families’ access financial services, leading to
enhanced employment, income opportunities and eventually increased
household incomes.
- Helps to build a sustainable, self-financing,
locally-managed micro-finance institution capable of providing
continued financial services to poor entrepreneurs.
- Enables intermediaries (e.g. financial institutions) to provide efficient and sustainable financial services.
Figure 1: Entrepreneurs’ awareness of success factors

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