PRIME Innovation Investment Fund Learning Brief

  • Date Posted: May 7, 2015
  • Organizations/Projects: Mercy Corps
  • Document Types: Primer or Brief
  • Donor Type: Non-US Government Agency

Ethiopia has one of the lowest financial inclusion rates in sub-Saharan Africa with only 14 percent of the adult population having access to formal financial services, a figure that drops as low as 1 percent in rural areas.

To bridge this finance gap and increase pastoral communities' household income levels while enhancing their resilience to climate change, USAID-PRIME manages a $6 million Innovation Investment Fund (IIF) that supports medium to large-scale enterprises operating within or directly benefitting PRIME-targeted areas in Oromia, Afar, and Somali regional states.

This learning brief captures the PRIME's lessons learned to date.

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