Progress on implementation of the SME Development programme:

SME Mentoring

The project was implemented using the “Journey to Excellence’ (J2Ex) model developed jointly with SAFRI HRD Project of Germany. The objectives of the project were to achieve the following;

• Increase lending to SMEs by DFIs;  
• Improve DFIs’ SME portfolio quality to international standards, shown through improved loan repayments and SMEs’ higher productivity- improved access to regional and international markets; and
• Increase women SME clients for DFIs.

On account of a number of challenges that arose, and were reported to the Board, the DFRC has been undertaking a review of the programme.  A new and comprehensive plan for the implementation of the next phase of the programme, as well as completion of all outstanding matters for the previous programme has now been completed. The DFI will be consulting with DFIs on the way forward, beginning with the Botswana DFIs.

Mentoring Development Programme for Botswana

The nine week programme started on 24th March 2010 and is being undertaken in collaboration with the two Botswana-based DFIs, CEDA and LEA, who are providing the bulk of the financial support for the programme with the DFRC meeting some costs towards the facilitator’s fees and accommodation among other costs.

The main objective of the programme is to enhance mentorship skills of business development service providers in Botswana.

The programme is expected to conclude at the end May 2010, with field-verification visits, assessments and accreditation of mentors.