SUPPORTING SMEs

Smes play a bigger role in alleviating poverty than Mses as they reduce not only the percentage of poor people but also the poverty gap and severity index. Across all countries, SMEs do more than create employment: they are also engines of economic growth and social development. In most OECD countries, SMEs contribute more than 50% of GDP, and some global estimates put this figure as high as 70%.
  • SHORT AND MEDIUM TERM: training in different trades, and possibly assisting them to start up a small-meduim business venture; Electricians, plumbers, welders, carpenters, painters, Tailors, computer skills, Bakers, Hair dressers, Phone/Radio/Tv repairers, Farmers; etc.
  • Workshops for all: writing and reading. Assisting some traders to be able to manage their petty trading (by being able to read, write, to do basic arithmetical calculations), adult education, etc.
  • LONG TERM: Microcredit; Scholarship; Home Care services.