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Annual Report (Executive Summary) |
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Part Two: The Programs |
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Small Enterprise Development Organization |
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Public Works Program |
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Community
Development Program |
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Human Resources
Development Program |
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Small Enterprise Development Organization
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The Small Enterprise Development Organization's (SEDO) mandate is to create jobs at all skill levels through the development and growth of both start-up and existing small enterprises. SEDO finances and supports small and medium enterprises (SMEs), which encourage the participation of women, preferably those having export capabilities for their final products. SEDO's services include those that deal with legal, regulatory and policy constraints, and demand as well as supply side problems. Financially viable small enterprises, which can create cost-effective job opportunities for the unemployed, are eligible for business support and financial services. Services provided to SMEs are specifically designed to directly contribute to their growth and long-term sustainability.
Impact assessment is used by SEDO to ascertain the success of achieving its objectives. Monitoring activities are undertaken in the field by local field officers and executing agencies, with periodic reports sent to SEDO's core operational departments.
The year 2000 has been a landmark year in the development of SEDO in its new organizational status. SEDO's market -driven approaches and strategic partnerships with financial intermediaries and NGOs have contributed to a near 100% increase in the amount of loans disbursed to target clients, which increased from L.E. 365 million in 1999 to L.E. 713 million in 2000.
SEDO is to meet the twin objectives of continued new job creation, and contribution to the economic growth of the small enterprise private sector. It will also continue to support and encourage the financial sector to respond to the needs of small enterprises. The sustainability of SEDO remains a key fundamental objective to satisfy. This objective can be realized by effective cost recovery of SEDO's progressive, and high quality portfolio of financial, business, and technology services offered to the SME sector.
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Public Works Program
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The Public Works
Program (PWP) has repositioned itself to set the standards for
comprehensive public infrastructure development in Egypt. The PWP
seeks to help eradicate poverty and ameliorate the quality of life
by providing economic and social basic infrastructural services,
by implementing projects using labor intensive methods to avail
job opportunities to its targeted beneficiaries. The PWP developed
a Priority Targeting Report (PTR) to help prioritize its target
groups and better define its service recipients. The types of
projects selected intend to provide basic services to the poorest
of the poor in various regions around rural Egypt.
To guarantee an increased creation of job opportunities, the PWP
enforces the abolishment of machinery and equipment to perform
works while maintaining the same quality normally required for
similar projects. The PWP goes through tremendous efforts to
transfer appropriate technology and convey labor intensive
implementation means and methods, through orientation seminars to
local officials and beneficiaries. Such guidelines and preliminary
efforts are instrumental in realizing targeted job opportunities.
The unemployed youth and the new graduates directly benefit from
the job opportunities that are created by the projects. The wages
received by these inhabitants improve their financial standing and
are considered funds channeled into the local economy. |
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Community
Development Program : |
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During the year 2000,
the Community Development Program (CDP) finalized 45 projects with
both governmental organizations and NGOs with a total budget of
L.E. 56.4 million, of which 61.3% were allocated for loans and
microcredit schemes, while the remaining 39.7% were committed to
social services. The average size of each project was
approximately L.E. 1.25 million versus L.E. 2 million for the year
1999. This reduction in the average financial size of a project
was due to the fact that a greater number of projects was awarded
to NGOs.
The CDP is attempting to meet the needs of the community by using
two major approaches. One is gradually shifting its funding to
rely increasingly on NGOs that are more capable of conducting
community participation techniques. The other approach focuses on
increasing the role of vocational training and microfinance as an
integral part of job creation. In addition, the CDP will expand
the financing of micro entrepreneurs with an emphasis on
women-headed households, in an attempt to alleviate poverty. |
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Human Resources
Development Program : |
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The Human Resources
Development Program (HRDP) responds to the needs of the new
entrants to the labor market by strengthening the knowledge and
skills of the unemployed or potentially unemployed. The principal
strategy of the HRDP has been to encourage local and international
investments in Egypt in order to create more job opportunities,
nationally or abroad. Redundant workers from public enterprises
and unemployed youth are among the priority groups addressed by
the HRDP.
To enable unemployed youth to access available job opportunities,
the program uses two main methods. The Contract Training method
involves the timely provision of customized training for an
enterprise or a group of enterprises that seek to hire new
employees. In the second method, the training organization
delivers a training program that is expected to increase the
employability of unemployed youth in the labor market.
To ensure the implementation of a national policy for human
resources development, a Supreme Council for Human Resources
Development was established to develop a national policy and
coordinate action on human resources development. The HRDP was
assigned to host the Technical Secretariat of the Supreme Council
for Human Resources Development. This arrangement ensures
articulation with national plans and other programs funded by
donors in this sector. |
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Copyright © 2001
Social Fund for Development Egypt All rights reserved |
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SEDO |
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Small
Enterprise
Development
Organization
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Online Exhibition |
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SFD
online exhibition website
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