International Development Grant

Loan guarantee fund-Support to women and youth's socioeconomic empowerment in Senegal

Project Number: CA-3-P007765002

Status: Operational

Country/Region:

Senegal 100.00%

Maximum Contribution: $1,783,715.00

Start Date: September 05, 2022

End Date: September 30, 2028

Duration: 6.1 years

Project Description

This project represents funding allocated to the loan guarantee fund of the Support to women and youth's economic and social empowerment project in Senegal. For administrative reasons a separate project number has been assigned to this funding. Please refer to this link for further information on the support to women and youth's economic and social empowerment project in Senegal: P007765001

Expected Results

The expected outcomes of this project include: (1) increased access to financial products and services tailored to the needs and sustainable practices of businesses owned by women and young graduates; (2) increased productive investments by women and young graduates in their business; and (3) enhanced coherence in taking gender equality into account in the financial inclusion policies and programs that state actors develop and implement.

Key Information

Executing Agency:
DID - Développement international Desjardins

Reporting Organization:
Global Affairs Canada

Program:
WGM Africa

Last Modified:
September 19, 2025

Development Classifications

DAC Sector:

Formal sector financial intermediaries 12%
Informal/semi-formal financial intermediaries 30%
Education/training in banking and financial services 50%
Small and medium-sized enterprises (SME) development 8%

Aid Type: Project-type interventions

Collaboration: Bilateral

Finance Type: Reimbursable grant

Selection Mechanism:
Unsolicited Proposal

Policy Markers
Level 1 Gender equality
Level 1 Environmental sustainability (cross-cutting)
Level 1 Youth Issues
Level 1 ICT as a tool for development
Major Funding (>$1M)
Budget Breakdown
2023-04-01 to 2024-03-31 $1,783,715 CAD
Geographic Information
858";Budget Type:Revised;Start Date:2025-04-01;End Date:2026-03-31;Value Date:2022-09-05;Value:"$891
Reference ID: 857