Employing more than one-third of El Salvador’s workforce, small and medium enterprises (SMEs) play a critical role in the country’s economic stability.
Final Report: El Salvador Small and Medium Enterprises Development Program .
Project Report | November 3, 2016
USAID’s Small and Medium Enterprise Development Program focused on raising access of small businesses to business development services. As a result of these efforts, more than 10,900 micro, small, and medium businesses were assisted and 22,000 jobs were created, 48 percent of which went to women.
The USAID Program for Small and Medium Enterprise (SME) Development, a five-year initiative (October 2011 – December 2016) carried out by Chemonics International, sought to improve the access of micro, small, and medium enterprises to business development services; increase their productivity and competitiveness; and expand their operations into local and export markets. Over five years, the USAID SME Development Program consolidated partnerships with business development service providers, strengthening these service providers in the public and private sector; contributed ideas, resources, and initiatives to create or improve SME services; developed monitoring mechanisms that allow results documentation; and responsibly and effectively managed the resources assigned to the program.