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SME Training and Coaching Loop
Small and medium-sized enterprises (SMEs) are considered an engine for economic and social development. However, framework conditions for their development are often unfavorable and support is not tailored to the context and situation of the individual enterprise. Responding to this need, the SME Loop approach was developed, refined and scaled up by different projects implemented by GIZ and financed by BMZ. The SME Loop is a combined training and coaching approach. It aims at increasing competitiveness, generating income and boosting the demand for labour. The SME Loop is implemented over a six to nine month time span. It consists of seven phases of alternating individual coaching sessions and class-room business training. Service providers, financial institutions, political partners and other relevant actors have been associated during different stages of implementation to insure the sustainability of the achieved impacts.