Skip to Main Navigation

Ethiopia Women Entrepreneurship Development Project

Abstract*

The objective of the Women Entrepreneurship Development Project for Ethiopia is to increase the earnings and employment of Micro and Small Enterprise, or MSEs owned or partly owned by the participating female entrepreneurs in the targeted cities. This will be achieved by: i) tailoring financial instruments to the needs of the participants and ensuring availability of finance; and ii) developing the entrepreneurial and technical skills of the target...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

Show More

Development Objective

The project development objective of the WEDP is to increase the earnings and employment of MSEs owned or partly owned by the participating female entrepreneurs in the targeted cities. This will be achieved by: i) tailoring financial instruments to the needs of the participants and ensuring availability of finance; and ii) developing the entrepreneurial and technical skills of the target group and supporting cluster, technology and product development for their businesses.

Key Details

Project Details

  • P122764

  • Closed

  • Marlon Rawlins , Toni Weis

  • Ministry of Finance

  • Ethiopia

  • November 5, 2010

  • (as of board presentation)

    May 24, 2012

  • October 5, 2012

  • US$ 153.30 million

  • Development Bank of Ethiopia (DBE),Entrepreneurship Development Institute (EDI)

  • Eastern and Southern Africa

  • 2012

  • US$ 253.30 million

  • N/A

  • December 19, 2023

  • December 31, 2024

  • No

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
UK: British Department for International Development (DFID) 3.00
EC: European Investment Bank 34.50
IDA Credit 150.00
JAPAN: Japan International Cooperation Agency (JICA) 50.00
ITALY: Dev. Coop. Department (MOFA) 15.80

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 150.00
IBRD + IDA Commitment 150.00
Lending Instrument
Grant Amount 103.30
Total Project Cost** 153.30

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

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
May 24, 2012 IDA-51120 Loan Commitment 50,000,000.00
Jun 4, 2020 IDA-51120 Loan Disb 92,140.32
Mar 6, 2020 IDA-51120 Int Charges 160,885.77
Mar 6, 2020 IDA-51120 Int Charges 160,885.77
Jan 16, 2020 IDA-51120 Loan Disb 137,271.00
Mar 1, 2020 IDA-51120 Int Charges 2,265.05
Mar 1, 2020 IDA-51120 Int Charges 2,265.05
Sep 1, 2019 IDA-51120 Int Charges 490.95
Mar 15, 2024 IDA-68140 Int Charges 5,570.62
Mar 15, 2024 IDA-68140 Int Charges 5,570.62
Aug 30, 2024 IDA-68140 Loan Disb 431,965.80
Apr 1, 2024 IDA-68140 Loan Disb 3,002,777.50
Oct 17, 2023 IDA-68140 Loan Disb 6,035,904.50
Nov 27, 2023 IDA-68140 Loan Disb 329,364.88
Sep 1, 2023 IDA-51120 Loan Repay 360.89
Jun 26, 2023 IDA-68140 Loan Disb 10,412,217.00
Jun 16, 2023 IDA-68140 Loan Disb 175,083.47
Sep 8, 2023 IDA-51120 Int Charges 156,183.10
Sep 8, 2023 IDA-51120 Int Charges 156,183.10
Aug 21, 2023 IDA-68140 Loan Disb 480,730.00
Sep 19, 2023 IDA-68140 Int Charges 227,531.06
Sep 15, 2023 IDA-68140 Int Charges 1,918.14
Sep 15, 2023 IDA-68140 Int Charges 1,918.14
Sep 19, 2023 IDA-68140 Int Charges 227,531.06
Mar 15, 2023 IDA-68140 Int Charges 150,724.10
Mar 15, 2023 IDA-68140 Int Charges 150,724.10
Mar 15, 2023 IDA-68140 Int Charges 916.05
Mar 15, 2023 IDA-68140 Int Charges 916.05
Aug 1, 2023 IDA-68140 Loan Disb 192,435.19
Sep 8, 2023 IDA-51120 Loan Repay 424,629.94
Sep 8, 2023 IDA-51120 Int Charges 17.20
Sep 8, 2023 IDA-51120 Int Charges 17.20
Mar 6, 2023 IDA-68140 Loan Disb 198,078.20
Mar 1, 2023 IDA-51120 Int Charges -0.59
Mar 1, 2023 IDA-51120 Int Charges 0.59
Mar 1, 2023 IDA-51120 Loan Repay 12,388.13
Mar 3, 2023 IDA-51120 Loan Repay 415,885.38
Mar 3, 2023 IDA-51120 Int Charges 158,983.00
Mar 3, 2023 IDA-51120 Int Charges 158,983.00
Sep 19, 2022 IDA-68140 Loan Disb 257,117.00
Mar 30, 2023 IDA-68140 Loan Disb 10,472,854.00
Nov 30, 2022 IDA-68140 Loan Disb 14,835,750.00
Oct 14, 2022 IDA-68140 Loan Disb 2,824,118.50
Sep 1, 2022 IDA-51120 Loan Repay 581.58
Sep 1, 2022 IDA-51120 Loan Repay 418,633.44
Sep 1, 2022 IDA-51120 Int Charges 157,204.30
Sep 1, 2022 IDA-51120 Int Charges 157,204.30
Sep 15, 2022 IDA-68140 Int Charges 84,953.88
Sep 15, 2022 IDA-68140 Int Charges 84,953.88
Sep 15, 2022 IDA-68140 Int Charges 1,822.92
Sep 15, 2022 IDA-68140 Int Charges 1,822.92
Sep 1, 2022 IDA-68140 Loan Disb 74,790.45
Sep 1, 2022 IDA-68140 Loan Disb 92,074.59
May 28, 2024 IDA-68140 Loan Disb 323,980.25
Mar 1, 2024 IDA-51120 Loan Repay 4,497.56
Mar 1, 2024 IDA-51120 Int Charges 62.25
Mar 1, 2024 IDA-51120 Int Charges 62.25
Mar 1, 2024 IDA-51120 Int Charges 155,385.84
Mar 1, 2024 IDA-51120 Int Charges 155,385.84
Mar 18, 2024 IDA-68140 Int Charges 273,998.88
Mar 18, 2024 IDA-68140 Int Charges 273,998.88
Mar 1, 2024 IDA-51120 Loan Repay 422,680.10
Feb 12, 2024 IDA-68140 Loan Disb 9,285,905.00
Feb 12, 2024 IDA-68140 Loan Disb 348,342.80
Dec 10, 2020 IDA-68140 Loan Commitment 100,000,000.00
Mar 1, 2019 IDA-51120 Int Charges 562.16
Mar 1, 2019 IDA-51120 Int Charges 562.16
Dec 6, 2018 IDA-51120 Loan Disb 56,492.63
Jan 31, 2019 IDA-51120 Loan Disb 110,321.06
Aug 15, 2018 IDA-51120 Loan Disb 131,552.12
Sep 1, 2018 IDA-51120 Int Charges 161,926.62
Sep 1, 2018 IDA-51120 Int Charges 161,926.62
Mar 15, 2022 IDA-68140 Int Charges 72,347.24
Sep 16, 2021 IDA-68140 Loan Disb 500,000.00
Sep 1, 2021 IDA-51120 Int Charges 372.60
Sep 1, 2021 IDA-51120 Int Charges 372.60
Aug 5, 2021 IDA-68140 Loan Disb 19,437,580.00
Sep 2, 2021 IDA-51120 Int Charges 169,453.97
Sep 2, 2021 IDA-51120 Int Charges 169,453.97
Jun 9, 2021 IDA-51120 Loan Disb 27,488.01
Mar 19, 2021 IDA-51120 Loan Disb 59,372.02
Mar 3, 2021 IDA-51120 Int Charges 5,603.12
Mar 3, 2021 IDA-51120 Int Charges 5,603.12
Mar 3, 2021 IDA-51120 Int Charges 171,137.06
Mar 3, 2021 IDA-51120 Int Charges 171,137.06
Sep 30, 2020 IDA-51120 Loan Disb 180,912.19
Sep 1, 2020 IDA-51120 Int Charges 1,261.71
Sep 1, 2020 IDA-51120 Int Charges 1,261.71
Sep 1, 2020 IDA-51120 Int Charges 163,195.69
Sep 1, 2020 IDA-51120 Int Charges 163,195.69
Mar 1, 2014 IDA-51120 Int Charges 36,162.03
Nov 22, 2013 IDA-51120 Loan Disb 16,200,000.00
Nov 18, 2014 IDA-51120 Loan Disb 4,480,160.50
Jan 16, 2015 IDA-51120 Loan Disb 5,178,340.00
Sep 1, 2013 IDA-51120 Int Charges 14.03
Sep 1, 2013 IDA-51120 Int Charges 14.03
Sep 1, 2013 IDA-51120 Int Charges 1,151.66
Sep 1, 2013 IDA-51120 Int Charges 1,151.66
Jan 2, 2014 IDA-51120 Loan Disb 89,654.86
Aug 6, 2013 IDA-51120 Loan Disb 103,976.00
Mar 1, 2014 IDA-51120 Int Charges 65.69
Mar 1, 2014 IDA-51120 Int Charges 65.69
Feb 10, 2015 IDA-51120 Loan Disb 106,454.51
Nov 21, 2014 IDA-51120 Loan Disb 98,964.50
Feb 9, 2017 IDA-51120 Loan Disb 31,898.48
Aug 24, 2016 IDA-51120 Loan Disb 91,073.17
May 26, 2016 IDA-51120 Loan Disb 113,751.97
Nov 3, 2016 IDA-51120 Loan Disb 75,769.67
Mar 1, 2016 IDA-51120 Int Charges 155,613.94
Mar 1, 2016 IDA-51120 Int Charges 155,613.94
Mar 22, 2016 IDA-51120 Loan Disb 96,782.08
Mar 1, 2016 IDA-51120 Int Charges 624.97
Mar 1, 2016 IDA-51120 Int Charges 624.97
Nov 12, 2015 IDA-51120 Loan Disb 57,300.05
Sep 17, 2015 IDA-51120 Loan Disb 65,320.47
Feb 11, 2016 IDA-51120 Loan Disb 92,274.85
Sep 1, 2015 IDA-51120 Int Charges 1,800.12
Sep 1, 2015 IDA-51120 Int Charges 1,800.12
Sep 1, 2015 IDA-51120 Int Charges 147,276.77
Sep 1, 2015 IDA-51120 Int Charges 147,276.77
Dec 17, 2015 IDA-51120 Loan Disb 50,743.51
May 8, 2015 IDA-51120 Loan Disb 6,728,513.50
Jun 17, 2015 IDA-51120 Loan Disb 81,155.23
May 21, 2015 IDA-51120 Loan Disb 114,761.24
Aug 13, 2015 IDA-51120 Loan Disb 81,131.95
Mar 1, 2015 IDA-51120 Int Charges 106,516.06
Mar 1, 2015 IDA-51120 Int Charges 106,516.06
Aug 21, 2014 IDA-51120 Loan Disb 222,459.55
Sep 1, 2014 IDA-51120 Int Charges 279.66
Sep 1, 2014 IDA-51120 Int Charges 279.66
Sep 1, 2014 IDA-51120 Int Charges 74,701.93
Sep 1, 2014 IDA-51120 Int Charges 74,701.93
Mar 11, 2015 IDA-51120 Loan Disb 171,382.06
Mar 11, 2015 IDA-51120 Loan Disb 191,139.40
Aug 19, 2014 IDA-51120 Loan Disb 4,977,007.50
Mar 1, 2015 IDA-51120 Int Charges 172.36
Mar 1, 2015 IDA-51120 Int Charges 172.36
May 23, 2014 IDA-51120 Loan Disb 3,317,975.80
Jun 12, 2014 IDA-51120 Loan Disb 1,518,002.80
Jun 6, 2014 IDA-51120 Loan Disb 48,626.51
Nov 15, 2013 IDA-51120 Loan Disb 44,759.86
Nov 20, 2013 IDA-51120 Loan Disb 209,637.42
Nov 20, 2013 IDA-51120 Loan Disb 117,341.96
Nov 25, 2013 IDA-51120 Loan Disb 68,787.09
Mar 5, 2014 IDA-51120 Loan Disb 103,548.75
Mar 1, 2014 IDA-51120 Int Charges 36,162.03
Sep 1, 2019 IDA-51120 Int Charges 490.95
Sep 1, 2019 IDA-51120 Int Charges 160,277.36
Sep 1, 2019 IDA-51120 Int Charges 160,277.36
Oct 30, 2019 IDA-51120 Loan Disb 69,693.84
Aug 20, 2019 IDA-51120 Loan Disb 238,668.77
Apr 16, 2019 IDA-51120 Loan Disb 162,854.53
Mar 1, 2019 IDA-51120 Int Charges 161,279.56
Mar 1, 2019 IDA-51120 Int Charges 161,279.56
Jun 27, 2018 IDA-51120 Loan Disb 64,610.67
May 24, 2018 IDA-51120 Loan Disb 108,019.84
Sep 20, 2018 IDA-51120 Loan Disb 72,198.57
Sep 1, 2018 IDA-51120 Int Charges 2,214.46
Sep 1, 2018 IDA-51120 Int Charges 2,214.46
Sep 21, 2017 IDA-51120 Loan Disb 105,547.91
Mar 1, 2018 IDA-51120 Int Charges 3,044.02
Mar 1, 2018 IDA-51120 Int Charges 3,044.02
Mar 1, 2018 IDA-51120 Int Charges 163,811.28
Mar 1, 2018 IDA-51120 Int Charges 163,811.28
Mar 7, 2018 IDA-51120 Loan Disb 86,353.67
Sep 1, 2017 IDA-51120 Int Charges 635.51
Sep 1, 2017 IDA-51120 Int Charges 635.51
Sep 1, 2017 IDA-51120 Int Charges 159,428.16
Sep 1, 2017 IDA-51120 Int Charges 159,428.16
Jun 21, 2017 IDA-51120 Loan Disb 56,520.96
May 26, 2017 IDA-51120 Loan Disb 95,399.73
Mar 1, 2017 IDA-51120 Int Charges 48.06
Mar 1, 2017 IDA-51120 Int Charges 48.06
Mar 6, 2017 IDA-51120 Int Charges 153,325.94
Mar 6, 2017 IDA-51120 Int Charges 153,325.94
Sep 1, 2016 IDA-51120 Int Charges 370.25
Sep 1, 2016 IDA-51120 Int Charges 370.25
Sep 1, 2016 IDA-51120 Int Charges 157,928.10
Sep 1, 2016 IDA-51120 Int Charges 157,928.10
Jun 16, 2016 IDA-51120 Loan Disb 68,457.18
Jan 26, 2017 IDA-51120 Loan Disb 52,778.86
Apr 30, 2022 IDA-51120 Loan Cancel 366.09
Dec 23, 2021 IDA-68140 Loan Disb 37,001.45
Dec 21, 2021 IDA-51120 Loan Disb 510,533.80
Dec 21, 2022 IDA-68140 Loan Disb 166,112.66
Mar 1, 2022 IDA-51120 Int Charges 167,162.89
Mar 1, 2022 IDA-51120 Int Charges 167,162.89
Mar 1, 2022 IDA-51120 Int Charges 82.33
Mar 1, 2022 IDA-51120 Int Charges 82.33
Mar 15, 2022 IDA-68140 Int Charges 72,347.24
Jun 13, 2022 IDA-68140 Loan Disb 10,046,627.00
Mar 15, 2022 IDA-68140 Int Charges 15,661.70
Mar 15, 2022 IDA-68140 Int Charges 15,661.70

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Implementation Progress (IP) Satisfactory 2024-09-25
Procurement Satisfactory 2024-09-25
Project Management Satisfactory 2024-09-25
Financial Management Satisfactory 2024-09-25
Monitoring and Evaluation Highly Satisfactory 2024-09-25
Overall Safeguards Rating Satisfactory 2024-09-25
Progress towards achievement of PDO Highly Satisfactory 2024-09-25

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 02-24-2023
OutcomesHighly Satisfactory
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-23-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Average numbers of full-time and part-time employees (paid and unpaid) per MSEValue2.952.950.00
    DateNovember 13, 2020December 3, 2021
    Comment
  • Number of hours of worked for the Micro and Small Enterprise (MSE) per week (paid and unpaid)Value275.00275.000.00
    DateNovember 13, 2020December 3, 2021
    Comment
  • Yearly average business earningsValue4053.004053.000.00
    DateNovember 13, 2020December 3, 2021
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Establish a Women Entrepreneurship Development Training Program with fully operative modulesValue11.0013.0011.00
    DateNovember 20, 2020November 30, 2022December 29, 2023
    Comment
  • Direct project beneficiaries (Microfinance)Value16181.0022885.0022000.00
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Fully staffed, trained and well-functioning OSSValue53.0067.0065.00
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Intermediate Number of One Stop Shops (OSS), Microfinance Institutions (MFI) and Technical Vocational Education and Training (TVET)colleges reporting according to the WEDP Monitoring and Evaluation (Value76.0090.0090.00
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Percentage of trainees passing the institutional end-of-training competency test at the TVET collegesValue80.0098.0080.00
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Data collection and reportingValue49 OSSs+12 PFIs+11 TVET49 OSSs + 16 PFIs + 25 TVET61 OSSs + 16 PFIs + 13 TVET
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Direct project beneficiaries (In-Person Training)Value22158.0031575.0029000.00
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Number of PFIs that have adopted and implemented institution development plans and project-related credit technologiesValue12.0015.0016.00
    DateNovember 27, 2020November 30, 2022December 29, 2023
    Comment
  • Portfolio at Risk - SMEValue6.003.004.60
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Female beneficiariesValue100.00100.00100.00
    DateOctober 31, 2012May 21, 2018
    Comment
  • Increase in General Business KnowledgeValue67.0067.0079.00
    DateNovember 13, 2020December 3, 2021December 29, 2023
    Comment
  • Percentage of project-supported institutions that are reporting on this indicatorValue100.00100.00100.00
    DateOctober 31, 2012May 21, 2018October 31, 2017
    Comment
  • Direct project beneficiaries (Digital Training)Value0.004100.009000.00
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Percentage of loan officers trained by ProjectValue20.0020.0020.00
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Citizen Engagement SurveyValueNoNoYes
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Volume of Bank Support: Institutional Development - SMEValue3600000.003600000.003000000.00
    DateNovember 20, 2020November 30, 2022October 31, 2017
    Comment
  • Volume of Bank Support: Lines of Credit - MicrofinanceValue144011000.00230000000.00214200000.00
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Number of project beneficiaries accessing the innovative finance facilityValue0.000.00750.00
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Number of PFIs supported with technical assistance on crisis management practicesValue0.0015.0016.00
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment
  • Number of borrowers reached with flexible financing termsValue0.000.001500.00
    DateNovember 13, 2020November 30, 2022December 29, 2023
    Comment