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Better Serving Women, Youth and Migrant Entrepreneurs with the NASIRA Programme

Sub-Saharan Africa and European Neighbouring Countries
November 2019 – November 2023
Access Alliance

KIT Royal Tropical Institute – in consortium with Access Alliance – is a shortlisted service provider under a four year agreement to support FMO’s financial institution clients, participating in the NASIRA Programme, to (better) serve women, young- and migrant entrepreneurs.

What is NASIRA?

In December 2018, FMO and the European Commission signed an agreement for the NASIRA Risk Sharing Facility for an amount up to €75 million for a period of four years. The facility targets financial institutions and microfinance institutions in sub-Saharan Africa and countries and regions that neighbor Europe.

FMO will manage the facility, which provides a bilateral loss-sharing scheme between FMO and its financial institution clients to unlock lending to specific target groups (migrant-, women- and young- entrepreneurs) that are perceived by the financial institutions as ‘high-risk’ in terms of repayment rates.

Complementary to NASIRA, the European Commission approved €4 million in technical assistance for financial institutions to strengthen their ability to serve the target groups better and to unlock and enhance their clients’ potential.

The TA programme will work on:

  1. Financial institutions’ internal risk management systems, and
  2. Tools to improve the service provided to the target groups.

The technical assistance programme is a crucial component of successfully implementing NASIRA and generating the impact it envisions.

Services delivered

  • Applied research

    KIT Royal Tropical Institute addresses development challenges at local, regional and global levels through research that generates new insights and knowledge in our areas of expertise: health, sustainable economic development and gender.

  • Policy & Programme Design

    KIT Royal Tropical Institute operates at the intersection of theory and practice and between policy and implementation, translating good intentions into meaningful social and economic impact.

  • Monitoring, Evaluation & Impact Assessment

    Monitoring, evaluation, and impact assessment are powerful tools to assess health, social, and economic impact. They allow us to learn what works and why. Our expertise and track record in these areas make us well-equipped to evaluate your work. 

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