Ghana - Micro,Small and Medium Enterprise Project

Abstract*

The Ghana Micro, Small and Medium Enterprise Project aims to enhance the competitive and employment levels of Ghanaian Micro, Small and Medium Enterprises (MSMEs). This will be achieved by: (1) building an integrated market access and trade facilitation infrastructure; (2) proactively supporting entrepreneurship development; (3) developing and strengthening, on a sustainable basis, the capacity of local intermediaries to deliver financial and non-financial... Show More

Development Objective

The project aims to enhance the competitive and employment levels of Ghanaian MSMEs. This will be achieved by: (i) building an integrated market access and trade facilitation infrastructure; (ii) proactively supporting entrepreneurship development; (iii) developing and strengthening, on a sustainable basis, the capacity of local intermediaries to deliver financial and non-financial services to MSMEs, and MSMEs to make productive use of these services; (iv) reducing selected business constraints, including technical barriers to trade, faced by MSMEs; (v) providing an enabling environment (access to finance, trade promotion, and trade facilitation infrastructure) to boost increased investments I the MSME sector; and (vi) enhancing the facilitation, project development, and implementation roles of the Government

Key Details

Project Details

Project ID
P085006
Status
Closed
Team Leader
Kofi-Boateng Agyen
Borrower 2
N/A

Country
Ghana
Disclosure Date
April 7, 2004
Approval Date
(as of board presentation)
January 5, 2006
Effective Date
May 2, 2006

Total Project Cost 1
US$ 108.90 million
Implementing Agency
N/A
Region
Western and Central Africa
Fiscal Year 3
2006

Commitment Amount
US$ 35.00 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
November 29, 2013

Last Stage Reached
BANK APPROVED
Last Update Date
September 10, 2014

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Trade28%
- FY17 - Trade Facilitation28%

FY17 - Finance

FY17 - Financial Infrastructure and Access15%
- FY17 - MSME Finance15%

FY17 - Private Sector Development

FY17 - Business Enabling Environment43%
- FY17 - Investment and Business Climate14%
- FY17 - Regulation and Competition Policy28%
FY17 - Enterprise Development15%
- FY17 - MSME Development15%
FY17 - Jobs100%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	35.00
International Finance Corporation (IFC)	40.00
Foreign Private Commercial Sources (unidentified)	32.00
Borrower/Recipient	1.90

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	35.00
IBRD + IDA Commitment	35.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	108.90

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Sep 29, 2020	IDA-41390	Int Charges	105,802.36
Jun 24, 2019	IDA-41390	Loan Cancel	1,289,960.10
Mar 15, 2022	IDA-41390	Loan Repay	452.79
Sep 16, 2021	IDA-41390	Loan Repay	322,751.40
Sep 16, 2021	IDA-41390	Int Charges	95.99
Sep 16, 2021	IDA-41390	Int Charges	95.99
Sep 16, 2021	IDA-41390	Int Charges	109,828.84
Sep 16, 2021	IDA-41390	Int Charges	109,828.84
Sep 15, 2021	IDA-41390	Loan Repay	6,336.82
Mar 29, 2021	IDA-41390	Loan Repay	328,402.28
Mar 29, 2021	IDA-41390	Int Charges	95.48
Mar 29, 2021	IDA-41390	Int Charges	95.48
Mar 29, 2021	IDA-41390	Int Charges	110,835.76
Mar 29, 2021	IDA-41390	Int Charges	110,835.76
Mar 29, 2021	IDA-41390	Int Charges	5,296.56
Mar 29, 2021	IDA-41390	Int Charges	5,296.56
Mar 15, 2023	IDA-41390	Loan Repay	4,416.77
Sep 18, 2023	IDA-41390	Loan Repay	304,886.75
Sep 18, 2023	IDA-41390	Int Charges	119.01
Sep 18, 2023	IDA-41390	Int Charges	119.01
Sep 18, 2023	IDA-41390	Int Charges	97,218.14
Sep 18, 2023	IDA-41390	Int Charges	97,218.14
Sep 15, 2023	IDA-41390	Loan Repay	111.41
Apr 4, 2023	IDA-41390	Loan Repay	307,295.80
Apr 4, 2023	IDA-41390	Int Charges	100,545.49
Apr 4, 2023	IDA-41390	Int Charges	100,545.49
Sep 15, 2022	IDA-41390	Loan Repay	290,756.62
Sep 15, 2022	IDA-41390	Int Charges	43.61
Sep 15, 2022	IDA-41390	Int Charges	43.61
Sep 15, 2022	IDA-41390	Int Charges	97,692.02
Sep 15, 2022	IDA-41390	Int Charges	97,692.02
Sep 15, 2022	IDA-41390	Loan Repay	8,682.48
Mar 22, 2022	IDA-41390	Loan Repay	318,586.34
Mar 22, 2022	IDA-41390	Int Charges	6.53
Mar 22, 2022	IDA-41390	Int Charges	6.53
Mar 22, 2022	IDA-41390	Int Charges	105,282.92
Mar 22, 2022	IDA-41390	Int Charges	105,282.92
Jan 5, 2006	IDA-41390	Loan Commitment	45,000,000.00
Mar 15, 2024	IDA-41390	Loan Repay	10,847.32
Mar 15, 2024	IDA-41390	Loan Repay	297,076.06
Mar 15, 2024	IDA-41390	Int Charges	19.24
Mar 15, 2024	IDA-41390	Int Charges	19.24
Mar 15, 2024	IDA-41390	Int Charges	96,995.90
Mar 15, 2024	IDA-41390	Int Charges	96,995.90
Sep 16, 2014	IDA-41390	Int Charges	1,845.82
Sep 16, 2014	IDA-41390	Int Charges	135,289.88
Sep 16, 2014	IDA-41390	Int Charges	135,289.88
Mar 15, 2017	IDA-41390	Int Charges	47.52
Mar 15, 2017	IDA-41390	Int Charges	119,744.45
Mar 15, 2017	IDA-41390	Int Charges	119,744.45
Sep 22, 2016	IDA-41390	Int Charges	4,866.20
Sep 22, 2016	IDA-41390	Loan Repay	338,070.94
Sep 22, 2016	IDA-41390	Int Charges	56.35
Sep 22, 2016	IDA-41390	Int Charges	56.35
Sep 22, 2016	IDA-41390	Int Charges	123,380.91
Sep 22, 2016	IDA-41390	Int Charges	123,380.91
Sep 22, 2016	IDA-41390	Int Charges	4,866.20
Mar 23, 2016	IDA-41390	Int Charges	121,724.95
Mar 23, 2016	IDA-41390	Int Charges	121,724.95
Mar 23, 2016	IDA-41390	Int Charges	1,155.91
Mar 23, 2016	IDA-41390	Int Charges	1,155.91
Mar 23, 2016	IDA-41390	Loan Repay	337,556.70
Sep 19, 2018	IDA-41390	Int Charges	42.32
Mar 21, 2018	IDA-41390	Int Charges	11,184.92
Mar 21, 2018	IDA-41390	Int Charges	11,184.92
Mar 21, 2018	IDA-41390	Int Charges	120,110.36
Mar 21, 2018	IDA-41390	Int Charges	120,110.36
Sep 15, 2017	IDA-41390	Loan Repay	343,204.47
Sep 15, 2017	IDA-41390	Int Charges	114,062.49
Sep 15, 2017	IDA-41390	Int Charges	114,062.49
Sep 15, 2017	IDA-41390	Loan Repay	547.33
Mar 15, 2017	IDA-41390	Int Charges	2,050.91
Mar 15, 2017	IDA-41390	Int Charges	2,050.91
Mar 15, 2017	IDA-41390	Loan Repay	325,835.22
Mar 15, 2017	IDA-41390	Int Charges	47.52
Apr 4, 2019	IDA-41390	Int Charges	27.93
Apr 4, 2019	IDA-41390	Int Charges	27.93
Apr 4, 2019	IDA-41390	Int Charges	118,121.53
Apr 4, 2019	IDA-41390	Int Charges	118,121.53
Apr 4, 2019	IDA-41390	Int Charges	75.49
Apr 4, 2019	IDA-41390	Int Charges	75.49
Sep 19, 2018	IDA-41390	Int Charges	42.32
Mar 21, 2018	IDA-41390	Loan Repay	350,255.94
Sep 19, 2018	IDA-41390	Int Charges	120,528.34
Sep 19, 2018	IDA-41390	Int Charges	120,528.34
Sep 19, 2018	IDA-41390	Int Charges	5,781.70
Sep 19, 2018	IDA-41390	Int Charges	5,781.70
Sep 19, 2018	IDA-41390	Loan Repay	338,539.30
Mar 15, 2020	IDA-41390	Int Charges	34.41
Mar 15, 2020	IDA-41390	Int Charges	34.41
Mar 15, 2020	IDA-41390	Int Charges	103,803.30
Mar 15, 2020	IDA-41390	Int Charges	103,803.30
Mar 15, 2020	IDA-41390	Loan Repay	4,526.75
Mar 15, 2020	IDA-41390	Loan Repay	328,203.72
Jan 22, 2019	IDA-41390	Loan Disb	-1,287,762.60
Jun 24, 2019	IDA-41390	Loan Disb	-1,475.21
Sep 20, 2019	IDA-41390	Loan Repay	328,561.03
Sep 20, 2019	IDA-41390	Int Charges	115,422.54
Sep 20, 2019	IDA-41390	Int Charges	115,422.54
Sep 20, 2019	IDA-41390	Int Charges	131.01
Sep 20, 2019	IDA-41390	Int Charges	131.01
Sep 15, 2019	IDA-41390	Loan Repay	2,403.84
Apr 4, 2019	IDA-41390	Loan Repay	335,096.50
Sep 15, 2020	IDA-41390	Loan Repay	1,045.37
Sep 15, 2020	IDA-41390	Int Charges	-4,760.93
Sep 15, 2020	IDA-41390	Int Charges	4,760.93
Sep 29, 2020	IDA-41390	Loan Repay	324,385.40
Sep 29, 2020	IDA-41390	Int Charges	105,802.36
Nov 21, 2013	IDA-41390	Loan Disb	323,846.22
Feb 12, 2014	IDA-41390	Loan Disb	221,827.20
Feb 12, 2014	IDA-41390	Loan Disb	199,629.17
Feb 10, 2014	IDA-41390	Loan Disb	72,253.91
Feb 10, 2014	IDA-41390	Loan Disb	85,838.78
Feb 6, 2014	IDA-41390	Loan Disb	30,750.85
Feb 12, 2014	IDA-41390	Loan Disb	11,929.70
Feb 10, 2014	IDA-41390	Loan Disb	125,584.28
Feb 10, 2014	IDA-41390	Loan Disb	12,227.71
Sep 15, 2013	IDA-41390	Int Charges	1,795.18
Sep 15, 2013	IDA-41390	Int Charges	1,795.18
Sep 15, 2013	IDA-41390	Int Charges	92,095.25
Sep 15, 2013	IDA-41390	Int Charges	92,095.25
Nov 1, 2013	IDA-41390	Loan Disb	555,565.44
Aug 27, 2013	IDA-41390	Loan Disb	498,387.53
Aug 27, 2013	IDA-41390	Loan Disb	553,517.94
Nov 5, 2013	IDA-41390	Loan Disb	202,673.95
Nov 7, 2013	IDA-41390	Loan Disb	454,878.80
Nov 7, 2013	IDA-41390	Loan Disb	187,035.69
Nov 7, 2013	IDA-41390	Loan Disb	602,342.75
Nov 5, 2013	IDA-41390	Loan Disb	512,912.40
Nov 5, 2013	IDA-41390	Loan Disb	473,021.94
Mar 4, 2014	IDA-41390	Loan Disb	387,966.00
Feb 11, 2014	IDA-41390	Loan Disb	66,508.98
Nov 26, 2013	IDA-41390	Loan Disb	247,388.70
Jul 11, 2013	IDA-41390	Loan Disb	274,553.40
Jul 16, 2013	IDA-41390	Loan Disb	389,084.94
Jul 11, 2013	IDA-41390	Loan Disb	409,401.28
Jul 11, 2013	IDA-41390	Loan Disb	346,090.84
Mar 15, 2015	IDA-41390	Int Charges	120,015.90
Mar 15, 2015	IDA-41390	Int Charges	120,015.90
Mar 15, 2015	IDA-41390	Int Charges	4,101.63
Mar 15, 2015	IDA-41390	Int Charges	4,101.63
Jun 25, 2014	IDA-41390	Loan Cancel	38,895.92
Apr 1, 2014	IDA-41390	Int Charges	2,176.24
Mar 26, 2014	IDA-41390	Loan Disb	89,686.66
Apr 10, 2014	IDA-41390	Loan Disb	202,354.00
Apr 9, 2014	IDA-41390	Loan Disb	50,000.00
Apr 2, 2014	IDA-41390	Loan Disb	153,505.56
Apr 2, 2014	IDA-41390	Loan Disb	156,134.50
Apr 8, 2014	IDA-41390	Loan Disb	269,601.16
Apr 8, 2014	IDA-41390	Loan Disb	91,851.54
Apr 8, 2014	IDA-41390	Loan Disb	136,235.19
Apr 1, 2014	IDA-41390	Int Charges	119,949.55
Apr 1, 2014	IDA-41390	Int Charges	119,949.55
Apr 14, 2014	IDA-41390	Loan Disb	39,001.01
Apr 1, 2014	IDA-41390	Int Charges	2,176.24
Dec 5, 2013	IDA-41390	Loan Disb	324,232.70
Feb 18, 2014	IDA-41390	Loan Disb	12,226.78
Feb 19, 2014	IDA-41390	Loan Disb	405,657.90
Feb 7, 2014	IDA-41390	Loan Disb	28,854.62
Dec 2, 2013	IDA-41390	Loan Disb	659,990.50
Feb 7, 2014	IDA-41390	Loan Disb	28,000.00
Mar 7, 2014	IDA-41390	Loan Disb	357,901.38
Mar 10, 2014	IDA-41390	Loan Disb	151,845.78
Mar 10, 2014	IDA-41390	Loan Disb	37,142.66
Mar 12, 2014	IDA-41390	Loan Disb	39,957.76
Mar 10, 2014	IDA-41390	Loan Disb	36,513.07
Mar 28, 2014	IDA-41390	Loan Disb	100,000.00
Sep 15, 2015	IDA-41390	Int Charges	121,408.67
Sep 15, 2015	IDA-41390	Int Charges	121,408.67
Sep 15, 2015	IDA-41390	Int Charges	5,127.08
Sep 15, 2015	IDA-41390	Int Charges	5,127.08
Sep 16, 2014	IDA-41390	Int Charges	1,845.82

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Financial Management	Satisfactory	2013-06-26
Monitoring and Evaluation	Satisfactory	2013-06-26
Progress towards achievement of PDO	Moderately Satisfactory	2013-06-26
Procurement	Satisfactory	2013-06-26
Overall Implementation Progress (IP)	Moderately Satisfactory	2013-06-26
Project Management	Moderately Satisfactory	2013-06-26
Counterpart Funding	Satisfactory	2013-06-26
Overall	Low	2013-06-26

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 10-17-2014
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome	Modest
Bank Performance	Moderately Unsatisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Moderately Satisfactory
Implementing Agency	Moderately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 04-20-2015	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Moderately Unsatisfactory	N/a
Borrower Performance	Moderately Satisfactory	N/a
Government Performance	Moderately Satisfactory	N/a
Implementing Agency	Moderately Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Total incremental sales revenue (project supported MSMEs)	Value	16861421.00	22184017.00	24615700.00
	Date	December 31, 2008	October 22, 2013	November 29, 2013
	Comment	Amount in Ghana Cedis (USD1 = GHC 1.40)	Data updated for the ICR. Ghanaian currency re-denominated (10,000 cedis = 1.00 GhC)

Volume of bank credit to MSMEs	Value	6492285737.85	70894259622.78	11800000000.00
	Date	July 18, 2008	October 22, 2013	November 29, 2013
	Comment	Amount is in Ghana Cedis not US Dollars (US$3 Billion)		Ghana cedis, but numbers being verified US$1 = GHC 2.04

Number of jobs (project supported MSMEs) Value 1932.00 4796.00 4200.00
Date December 31, 2008 October 22, 2013 November 29, 2013
Comment
Number of newly registered MSMEs Value 44268.00 256131.00 82000.00
Date December 31, 2008 October 22, 2013 November 29, 2013
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of tourist visits to the craft villages Value 638153.00 659325.00 165600.00
Date January 1, 2008 December 31, 2012 June 30, 2013
Comment CEDECOM to provide updates by end January 2013

Percentage increase in the volume of SME loans extended by participating banks (PCG)	Value	0%	320	40% increase over baseline
	Date	December 31, 2009	October 31, 2013	June 30, 2013
	Comment		Data available at end Jan

Percentage increase in volume of SME term loans extended by participating banks (LoC)	Value	0	0.00
	Date	June 30, 2006	June 30, 2012	November 29, 2013
	Comment		No banks have signed under LOC facility as at end 2012. Discontinued.

Number of days required to register a business is reduced from 82 days to 30 days	Value	82 days	3 days	30 days*
	Date	June 30, 2006	May 31, 2013	June 30, 2013
	Comment	will be revised to time to start a business.	Time to start a business has been reduced. With the introduction of other improvements number of days required to register abusiness is on average no more than 3 - 5 days depending on the kind of business to be established	days to start a business*

Volume of Bank Support: Lines of Credit - SME	Value	0.00	0.00	20000000.00
	Date	May 30, 2006	December 3, 2012	December 31, 2012
	Comment		IFC unable to enter into agreement with potential banks on account of high cost. Sub-component discontinued.	cannot be attributed to project

Institutional development, World Bank financing, On-lending Value 0.00 0.00 0.00
Date May 30, 2006 December 31, 2010 December 31, 2012
Comment component cancelled
Volume of Bank Support: Institutional Development - SME Value 254464.00 374936.00 4888000.00
Date May 30, 2006 July 31, 2013 December 31, 2011
Comment
Number of approved bankable loan proposals Value 14.00 14.00 30.00
Date December 31, 2009 May 31, 2013 June 30, 2013
Comment
number of new FI's/product developed Value 0.00 0.00 1.00
Date December 31, 2009 May 31, 2013 June 30, 2013
Comment Sub-component cancelled

Total (cum) number of MSME contract signed (service/sales contract signed with buyers/clients)	Value	66.00	205.00	350.00
	Date	December 31, 2009	October 31, 2013	November 29, 2013
	Comment		component closed in June 2013

Number and percentage of MSMEs assisted obtaining national or international product certification/standard Value 5.00 7.00 31.00
Date December 31, 2010 May 31, 2013 June 30, 2013
Comment
Number of sub-contracts signed in target sectors Value 3.00 205.00 60.00
Date December 31, 2007 May 31, 2013 June 30, 2013
Comment Sub-component completed.
Number of visitors to the information center Value 4080.00 5438.00 9200.00
Date October 31, 2013 June 30, 2013
Comment Visitors to Ghana Export Trade Info Centre and Trade Portal
Number of incubatees/incubated companies graduated from the ICT Park Value 0.00 0.00 75.00
Date January 1, 2007 October 31, 2013 June 30, 2013
Comment ICT Park under construction 75 incubatees /3 companies
Number of certified MSME products Value 386.00 533.00 1100.00
Date December 31, 2008 December 31, 2012 June 30, 2013
Comment dominated by treated bottled water
Number of recommended law/amendment/regulations/codes enacted Value 2.00 0.00 0.00
Date December 31, 2008 May 31, 2013
Comment

Average number of days to comply with business regulation/register a business	Value	21.00	4.00	10.00
	Date		December 31, 2012	November 29, 2013
	Comment		On average, ranges from 3 days to 8 days depending on the type of firm

Average official cost to comply with business regulations /cost of business start up	Value	65.00	75.00	65.00
	Date	January 1, 2007	May 31, 2013	November 29, 2013
	Comment	% income/ capita	Ranges from Sole prop. -35; Partnership - 75; Limited by guarantee - 155

Volume of Bank Support: Institutional Development - Microfinance Value 100000.00 374936.00 312000.00
Date December 31, 2009 March 29, 2013 November 29, 2013
Comment

Outstanding SME Loan Portfolio	Value	49305000.00	11944375.00	31000000.00
	Date	December 31, 2008	October 22, 2013	June 30, 2013
	Comment	Amount is in Ghana cedis US$1 = Ghc 1.04	Amount is in Ghana cedis, cedis re-denominated: (10,000 cds = 1.00 Ghcedis)

No of active loan accounts -SME Value 1138.00 1220.00 4148.00
Date January 1, 2007 December 31, 2012 June 30, 2013
Comment Targeted at least 3 banks
Portfolio at Risk - SME Value 7.70 13.00 5.00
Date December 31, 2009 October 22, 2013 November 29, 2013
Comment Dec 2012 update
Adjusted Return on Assets/Equity Value 23.70 4.60 30.00
Date December 31, 2009 October 31, 2013 November 29, 2013
Comment
Percentage of project-supported institutions that are reporting on this indicator Value 0.00 33.00 100.00
Date December 31, 2008 October 22, 2013 June 30, 2013
Comment
Percentage of project-supported institutions that are reporting on this indicator Value 0.00 33.00 100.00
Date January 1, 2007 December 31, 2012 June 30, 2013
Comment
Percentage of project-supported institutions that are reporting on this indicator Value 0.00 33.00 100.00
Date December 31, 2009 October 22, 2013 November 29, 2013
Comment
Percentage of project-supported institutions that are reporting on this indicator Value 0.00 33.00 100.00
Date December 31, 2009 October 31, 2013 November 29, 2013
Comment
number of accreditation institutions to certify MSME products Value 1.00 1.00 2.00
Date December 31, 2009 October 31, 2013 November 29, 2013
Comment

Number of jobs (project supported MSMEs)	Value	1932.00	4796.00	4200.00
	Date	December 31, 2008	October 22, 2013	November 29, 2013
	Comment

Number of newly registered MSMEs	Value	44268.00	256131.00	82000.00
	Date	December 31, 2008	October 22, 2013	November 29, 2013
	Comment

Number of tourist visits to the craft villages	Value	638153.00	659325.00	165600.00
	Date	January 1, 2008	December 31, 2012	June 30, 2013
	Comment		CEDECOM to provide updates by end January 2013

Volume of Bank Support: Institutional Development - SME	Value	254464.00	374936.00	4888000.00
	Date	May 30, 2006	July 31, 2013	December 31, 2011
	Comment

Number of approved bankable loan proposals	Value	14.00	14.00	30.00
	Date	December 31, 2009	May 31, 2013	June 30, 2013
	Comment

number of new FI's/product developed	Value	0.00	0.00	1.00
	Date	December 31, 2009	May 31, 2013	June 30, 2013
	Comment		Sub-component cancelled

Number and percentage of MSMEs assisted obtaining national or international product certification/standard	Value	5.00	7.00	31.00
	Date	December 31, 2010	May 31, 2013	June 30, 2013
	Comment

Number of sub-contracts signed in target sectors	Value	3.00	205.00	60.00
	Date	December 31, 2007	May 31, 2013	June 30, 2013
	Comment		Sub-component completed.

Number of visitors to the information center	Value	4080.00	5438.00	9200.00
	Date		October 31, 2013	June 30, 2013
	Comment		Visitors to Ghana Export Trade Info Centre and Trade Portal

Number of certified MSME products	Value	386.00	533.00	1100.00
	Date	December 31, 2008	December 31, 2012	June 30, 2013
	Comment		dominated by treated bottled water

Number of recommended law/amendment/regulations/codes enacted	Value	2.00	0.00	0.00
	Date	December 31, 2008	May 31, 2013
	Comment

Volume of Bank Support: Institutional Development - Microfinance	Value	100000.00	374936.00	312000.00
	Date	December 31, 2009	March 29, 2013	November 29, 2013
	Comment

No of active loan accounts -SME	Value	1138.00	1220.00	4148.00
	Date	January 1, 2007	December 31, 2012	June 30, 2013
	Comment			Targeted at least 3 banks

Portfolio at Risk - SME	Value	7.70	13.00	5.00
	Date	December 31, 2009	October 22, 2013	November 29, 2013
	Comment		Dec 2012 update

Adjusted Return on Assets/Equity	Value	23.70	4.60	30.00
	Date	December 31, 2009	October 31, 2013	November 29, 2013
	Comment