Social Investment Fund

Programme Theory of Change

How the programme is expected to achieve its desired impact.

Impact

Reduced poverty and gender inequalities, and strengthened resilience and social cohesion in Ghana.

Goals

Strengthen the Ghana's system for quality service delivery to the private sector and strengthening social cohesion in the country. Boosting inclusive private sector development through empowerment of women and youth owned MSMEs.

Outcomes

Women and youth accessed wage and self-employment.

Strengthened women and youth owned MSMEs.

Built Social Cohesion in Ghana.

Outputs

Quality of vocational and technical training enhanced.

MSME performance improved.

Institutional Capacity to deliver fiduciary, safeguards, climate and social services improved.

Priority areas

Market demand-driven training for women and youth.

Access to financial and non-financial services for women and youth owned MSMEs in Ghana's growth-oriented sectors.

Strengthening national capacities and sector framework.

Assumptions

(i) Government continues to allocate resources for 2025-2028. (ii) Government establishes a strong team. (iii) Improved institutional coordination between government bodies and private sector actors. (iv) Positive engagement from populations (women, youth in entrepreneurship) and financial institutions. (v) Non-performing loans to entrepreneurs will be low enough not to undermine the financing facility. (vi) Training combined with financing will enhance MSME productivity and increase employment. (vii) Enabling environment and business climate will continuously improve. (ix) Loans contracted will be used for their purpose.

Social Investment Fund · Programme Theory of Change