MSME Development and Access to Finance Project

The "Chad MSME Development and Access to Finance" project aims to promote growth and expand access to finance for micro, small, and medium-sized enterprises (MSMEs) in Chad. It is designed to address structural weaknesses in the private sector by working on three fronts: (i) improving the business climate through institutional reforms (e.g., commercial courts); (ii) strengthening the entrepreneurial ecosystem by operationalizing a Business Development Center (BDC); and (iii) improving financial inclusion through the creation of a guarantee fund and a financial literacy program. Its intervention strategy is to create a safer investment environment and equip MSMEs with the tools and capital they need to grow, thereby creating decent jobs and diversifying the economy.

Promoting MSME growth: Supporting the emergence of formal businesses and the upgrading of SMEs through subsidies, training, and business continuity plans (BCPs). Improving the business environment: Digitalization, simplified registration processes, strengthening commercial justice, and regulatory transparency. Expanding access to finance: Creating a National Guarantee Institution and a Partial Portfolio Credit Guarantee (PPCG) to reduce lender risk and mobilize private credit and capital. Strengthening governance and operational resilience: Implementing a Business Continuity Plan (BCP), a monitoring and evaluation system, impact studies, and a Contingent Emergency Response Component (CERC 2) for rapid response in emergencies.