Private Sector Enterprise Development

Results achieved as of the end of the project (April 2013) include: a) 1 239 new jobs created an increase of 56% from the 2009 baseline of 794 (target was 10%); 67.3 tons of seaweed produced an increase of 40% from the 2009 baseline of 48 tons (target was 10%); production of 61.2 tons of raw cashew nuts from a baseline of 0 in 2009; volume of coconut products increased to 19.48 tons and litres an increase from the baseline of 0 (target was a 10% increase). b) 5 743 Small and Medium Enterprise clients served an increase of 265% from 2 168 in 2009 (target was 5%); 53 services provided (e.g. market research quality control counselling in business licensing and health regulations) an increase of 280% over the baseline of 19 (target was 5%); skills to deliver services have improved (e.g. management and administration utilization of client database delivery of entrepreneurial training). c) the 12 project Micro-Finance Institutions had a portfolio of 8 566 loans an increase of 30% over a baseline of 6 605 in 2009 (target was 10%); Rp 7.4 billion ($830 000) lending capital was raised against a Rp 1.5 billion target; avgerage loan delinquency rate of 3% in S. Sulawesi in 2011 but 40% in N. Sulawesi (10% last year) owing to writing down bad loans. The Micro-Finance Institutions remain viable attesting to their strength. (Target delinquency rate is 5%) These results have contributed to sustainable Small and Medium Enterprise development and increased opportunities for men and women in Indonesia.