Sustainable Enterprise Project (SEP)

Project Background

The Sustainable Enterprise Project   (SEP)   support   microenterprises   in   agribusiness   and manufacturing clusters with a focus on areas that is environmentally stressed and/or vulnerable to climate change and natural disasters.  The  project  aims  to  support  microenterprises  through environment friendly investments (energy, water and resource efficiency) in the agribusiness and manufacturing sectors to promote environmentally sustainable technologies and practices among microenterprises in environmentally  vulnerable  areas,  induce  changes  in  the  micro-lending ecosystem,  and  support  the  adoption  of  basic  operational  safety  norms  in  project-supported enterprises. The project will consist of three components: (a) enhancing services and enabling systems, (b) strengthened  access  to  finance  for  commercially  viable  environmentally  friendly  and  resilient microenterprises,  and  (c)  project  management,  knowledge  management,  and  monitoring  and evaluation. The project will prioritize (i) a selected number of polluting microenterprise business clusters,  that  can  reduce  emission  and  increase  resource  efficiency  and  (ii)  the  expansion  of innovative  economic  activities  that  contribute  to  environmentally  friendly  clean  and  green business and climate resilience.

Integrated Development Foundation (IDF) is implementing the sub-project at Patiya, Anowara and Chadanaish upazila under Chattogram district. Although all areas are related with dairy business but they are unconscious about the farm management. The sub-project has two components such as component-1 and component-2. Component-2 is related with Agrasor SEP loan whereas, the component-1 consist of revenue and non- revenue generating common services, Eco labeling, capacity development of MEs and POs which is very helpful for development of farm business and environment. The sub-project aim is to increase adaption of environmentally sustainable practice by targeted micro-enterprises in working areas of IDF”. The sub-project objectives are to cover 50 families in 1st year, 75 in 2nd year and 75 in 3rd year under the project and to increase income these families by 30%, to Provide training to 200 families in cow management, rearing and cow waste management, to establish bull insemination and animal health center, to establish preservation/ pasteurization center and to create a marketing network of milk.

The  role  of  PKSF  in  promoting  environmental  issues  in  microenterprises  is  crucial.  PKSFs Microenterprise  Program  extends  financial  services  to  its  Partner  Organizations  (PO)  for undertaking    microenterprises. PKSF    has    been    facilitating    women    empowerment    in microenterprise sector by provisioning opportunities of loan financing for women entrepreneurs. Currently, more than 77% of the total ME loan borrowers of PKSF are women. With the help of the Government, PKSF is implementing the ‘Sustainable Enterprise Project (SEP)’ financed by World Bank for the microenterprise sector to improve its environmental sustainability.