Upper and Middle Guinea Sustainable Social Development Project (Phase II) (PDSD II)

Technical Assistance for Establishment of the Social and Economic Development Fund

Description

The PDSD II Project aims to alleviate poverty and mitigate the social impact of economic transition on disadvantaged groups through the creation of opportunities for economic and social development, generation of jobs and revenues and through the improvement of the population’s access to basic social services. 

The specific objectives are: 

  • To promote the entrepreneurship development, and job creation, in addition to non-financial support services aiming at improving the viability and sustainability of submitted projects;
  • To increase access of the disadvantaged groups to basic socio-economic services and 
  • To develop the productive capacities of the disadvantaged groups, particularly women and youth through the development of Income Generating Activities (IGA) in order improvement of the well being of the most disadvantaged groups.

    This project is implemented in 3 Phases:

    • Phase 1: Feasibility study on the establishment of the PDSD with the funding mechanism;
    • Phase 2: Development of business plan;
    • Phase 3: Support the implementation of PDSD and for monitoring and evaluation system.

    Services

    • Develop a feasibility study on the establishment of PDSD with funding mechanisms and a training plan;
      • Review and analyse the legal, institutional organisational settings, status for the PDSD establishment; 
      • Organise workshops for the stakeholders approval and validation;
      • Develop the regulation documents for the PDSD creation;
    • Prepare a business plan for the short, medium and long term and mechanisms of financing and refinancing ;
      • Define the administrative, accounting management, financial mechanisms and procedures and a mid-term business plan;
      • Improve the quality of projects, small and micro-enterprises and IGA to be efficiently managed for sustainable business;
      • Technical and financial assistance for small and micro-enterprises provided services;
      • Set up a guarantee fund to finance small and micro-enterprises;
    • Introduce Project Cycle Management and a monitoring and evaluation system;
    • Ensure systematic participation of stakeholders and key actors;
    • Define and implement capacity development plans
    • Design and Carry out training program for PDSD staff and stakeholders;
    • Monitor and coach the implementation and functioning for the PDSD staff and mechanisms.

    French Project Title:

    Projet de développement social durable en Haute et Moyenne Guinée (Phase II) (PDSD II): Assistance technique pour la création du Fonds de Développement Social et Économique