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Rwanda Nguriza Nshore Annual Report Fy19

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Rwanda Nguriza Nshore Annual Report Fy19 RWANDA NGURIZA NSHORE ANNUAL REPORT FY19 October 1, 2018 – September 30, 2019 Project Period of Performance: April 2018 - 2023 This report is made possible by the support of the American people through the United States Agency for International Development (USAID). The content discussed is the sole responsibility of DAI and does not necessarily reflect the views of USAID or the US Government. ANNUAL REPORT YEAR 2, FISCAL YEAR 2019 (OCTOBER 1, 2018 – SEPTEMBER 30, 2019) Rwanda Nguriza Nshore Program Title: Rwanda Nguriza Nshore Sponsoring USAID Office: USAID Rwanda Contract Number: 72069618C00001 Contractor: DAI Global, LLC Contracting Officer Rep.: Clementine Mukeka Activity Manager: Mark Rostal Date of Publication: October 30, 2019 Author: The Nguriza Nshore Team This report is made possible by the support of the American people through the United States Agency for International Development (USAID). The content discussed is the sole responsibility of DAI and does not necessarily reflect the views of USAID or the US Government RWANDA NGURIZA NSHORE | ANNUAL REPORT FY 2019 feedthefuture.gov CONTENT EXECUTIVE SUMMARY ....................................................................................................................................... i EVALUATION OF PROGRAM AREAS ........................................................................................................... 1 ACTIVITY OBJECTIVES .................................................................................................................................. 1 COMPONENT I: EXPAND CAPACITY OF FINANCIAL INSTITUTIONS TO LEND TO SMEs ............................................................................................................................................................................... 2 COMPONENT 2: INCREASE PRIVATE AND COMMERCIAL INVESTMENT IN SMES ............... 2 COMPONENT 3: STRENGTHEN THE ENABLING ENVIRONMENT TO CREATE THE CONDITIONS FOR OFF-FARM SMEs TO INCREASE THEIR BUSINESS PERFORMANCE AND PROFITABILITY ..................................................................................................................................... 3 TECHNICAL IMPLEMENTATION ACTIVITIES ............................................................................................ 5 FINANCIAL INSTITUTIONS CAPACITY BUILDING ................................................................................ 6 NGURIZA NSHORE’S COMPONENT 1 APPROACH .......................................................................... 6 HIGHLIGHTS AND SUCCESSES .................................................................................................................. 7 LESSONS LEARNED AND OPPORTUNITIES IDENTIFIED ............................................................... 13 CHALLENGES AND MITIGATING MEASURES .................................................................................... 15 EXPANDED INVESTMENT IN RWANDAN SMES ................................................................................... 18 NGURIZA NSHORE’S COMPONENT 2 APPROACH ........................................................................ 18 HIGHLIGHTS AND SUCCESSES ................................................................................................................ 18 LESSONS LEARNED AND OPPORTUNITIES IDENTIFIED ............................................................... 33 CHALLENGES AND MITIGATING MEASURES .................................................................................... 34 STRENGTHENING THE ENABLING ENVIRONMENT ........................................................................... 36 NGURIZA NSHORE’S COMPONENT 3 APPROACH ........................................................................ 36 HIGHLIGHTS AND SUCCESSES ................................................................................................................ 37 LESSONS LEARNED AND OPPORTUNITIES IDENTIFIED ............................................................... 44 CHALLENGES AND MITIGATING MEASURES .................................................................................... 47 CROSS CUTTING THEMES ............................................................................................................................. 48 GENDER ............................................................................................................................................................ 48 YOUTH ............................................................................................................................................................. 51 PERSONS WITH DISABILITIES ................................................................................................................... 53 CHALLENGED AND MITIGATING MEASURES ................................................................................... 54 LESSONS LEARNED AND OPPORTUNITIES IDENTIFIED ............................................................... 55 MONITORING, EVALUATION & LEARNING ........................................................................................... 56 HIGHLIGHTS AND SUCCESSES ................................................................................................................ 56 RWANDA NGURIZA NSHORE | ANNUAL REPORT FY 2019 feedthefuture.gov LESSONS LEARNED AND OPPORTUNITIES IDENTIFIED ............................................................... 61 COLLABORATING, LEARNING, AND ADAPTING................................................................................ 63 COLLABORATING ........................................................................................................................................ 63 LEARNING ....................................................................................................................................................... 65 ADAPTING ....................................................................................................................................................... 66 COMMUNICATIONS ........................................................................................................................................ 70 HIGHLIGHTS AND SUCCESSES ................................................................................................................ 70 OPERATIONS AND ADMINISTRATIVE ACTIVITIES .............................................................................. 73 DEVELOPMENT OF KEY DELIVERABLES FOR USAID ....................................................................... 73 ANNEXES .............................................................................................................................................................. 74 ENVIRONMENTAL COMPLIANCE .......................................................................................................... 74 SUCCESS STORIES ......................................................................................................................................... 74 RWANDA NGURIZA NSHORE PERFORMANCE INDICATORS ................................................... 78 RWANDA NGURIZA NSHORE | ANNUAL REPORT FY 2019 feedthefuture.gov ABBREVIATIONS AND ACRONYMS ABR AB Bank Rwanda ACA Angel Capital Association AfDB African Development Bank AMIR Association of Microfinance Institutions in Rwanda ARED Africa Renewable Energy Distributor BV Baseline Value BDF Business Development Fund BK Bank of Kigali BNR National Bank of Rwanda BPR Bank Populaire du Rwanda BRD Development Bank of Rwanda BSAs Business Services Advisors BSP Business Service Provider CEO Chief Executive Officer CFO Chief Finance Officer CIBER Competitive Impact of Business Enabling Environment Reforms CLA Collaborating, Learning and Adapting COO Chief Operating Officer DCA Development Credit Authority EDP Entrepreneurship Development Policy EOI Expression of Interest FI Financial Institution FtF Feed the Future FY Fiscal Year GFSS Feed the Future Global Food Security Strategy GoR Government of Rwanda GT Bank Guarantee Trust Bank ICT Information and Computer Technology IFC International Finance Corporation IM Investment Memorandum ISIC International Standard Industrial Classification of All Economic Activities KBP Karisimbi Business Partners KCB Kenya Commercial Bank MEL Monitoring, Evaluation and Learning MELP Monitoring, Evaluation and Learning Plan RWANDA NGURIZA NSHORE | ANNUAL REPORT FY 2019 feedthefuture.gov MfDR Management for Development Results MFI Microfinance Institution MFIT Microfinance Investment Trust MIFOTRA Ministry of Public Service and Labor MIGEPROF Ministry of Gender and Family Planning MINAGRI Ministry of Agriculture and Animal Resources MINALOC Ministry of Local Government MINECOFIN Ministry of Finance and Economic Planning MINEDUC Ministry of Education MINICOM Ministry of Trade and Finance MINIYOUTH Ministry of Youth MOU Memorandum of Understanding MSME Micro, Small, and Medium Enterprise NBFI Non-bank Financial Institutions NCPD National Council of Persons with Disabilities NDA Non-disclosure Agreement NGO Non-governmental Organization NIRDA National Industrial Research and Development Agency NYC National Youth Council OCA Open Capital Advisers PLC Public Limited Company PoC Proof of Concept PSDAG Private Sector Driven Agricultural Growth Project PSF Private Sector Federation PWDs People with disabilities RBA Rwanda Bankers Association RCWE Rwanda Chamber of Women Entrepreneurs RDB Rwanda Development Board RFP Request for Proposals RSSB Rwanda Social Security Board RYAF Rwanda Youth
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