FINANCIAL INCLUSION AND ENTREPRENEURSHIP SCALING PROJECT

Public Disclosure Authorized Ministry of Finance, Economic Planning and Development

Reserve Bank of Public Disclosure Authorized

DRAFT STAKEHOLDER ENGAGEMENT PLAN (SEP)

Public Disclosure Authorized

Lilongwe MALAWI 23 January 2020

Public Disclosure Authorized

ABBREVIATIONS AND ACRONYMS

AP Aggrieved Party COMSIP Community Savings and Investment Promotion BDS Business Development Services CLS Customary Land Committee DEA Department of Environmental Affairs EHSGs Environmental Health and Safety Guidelines EIA Environmental Impact Assessment ESCP Environmental and Social Commitment Plan ESIA Environmental and Social Impact Assessment ESMS Environmental and Social Management System ESS Environmental and Social Standard FI Financial Intermediaries FIF Financial Intermediary Financing FL: Financial Literacy FMO Entrepreneurial Development Bank FSTAP Financial Sector Technical Assistance Project GBV Gender Base Violence GDP Gross Domestic Product GIID Good International Industry Practice GRC Grievance Redress Committee GRM Grievance Redress Mechanism GRS Grievance Redress Service IFC International Finance Corporation LOC Line of Credit LTF Long-term Finance MAIIC Malawi Agriculture and Industrial Investment Corporation MCCCI Malawi Confederation of Chambers of Commerce and Industry M&E Monitoring and Evaluation MFI Microfinance Institutions MGDS Malawi Growth and Development Strategy MoFEPD Ministry of Finance, Economic Planning and Development MoITT Ministry of Industry, Trade and Tourism MSE MSME Micro, Medium and Small-scale Enterprises NEP National Environmental Policy NES National Environmental Policy NGO Non-Governmental Organization OHS Occupational Health and Safety PCG Partial Credit Guarantee PDO The Project Development Objective PFIs Participating Financial Institutions PGC PFI Grievance Committee PIU Project Implementation Unit PM Project Manager POM Project Operational Manual PSC Project Steering Committee PTC Project Technical Committee

I | P a g e

RBM Reserve Bank of Malawi SEP Stakeholder Engagement Plan SMEDI Small and Medium Enterprises Development Institute TLMA Traditional Land Management Area SADC Southern African Development Community ST Secretary to the Treasury

II | P a g e

TABLE OF CONTENTS

ABBREVIATIONS AND ACRONYMS ………………………………………………………………………………………… … I

TABLE OF CONTENTS ……………………………………………………………………………………………………………… III

TABLES …………………………………………………………………………………………………………………………………… V

1.0 INTRODUCTION 1.1 Project Overview ……………………………………………………………………………………………... 1

1.2 Project Development Objectives … ……………………………………………………………………. 1

1.3 Project Components and Activities ……………………….……………………………………………. 1

1.4 Project Beneficiaries ………………………………………………………………………….……...... 2

1.5 Institutional, Implementation and Oversight Arrangements………………………………… 2

2.0 POLICY AND LEGAL FRAMEWORK, STRATEGIES AND STANDARDS…………………….…... 4

2.1 Brief Background ………………………………………………………………………………………….……… 4

2.2 Policies and Strategies ….…………………………………………………………………………………… 4

2.3 The Republican