CABO VERDE EVALUATION TITLE CROSS-COUNTRY WORKSHOP FOR IMPACT EVALUATIONS IN FINANCE AND PRIVATE SECTOR DEVELOPMENT Dakar, February 1-4, 2010 Team Members.

CABO VERDE

EVALUATION TITLE

CROSS-COUNTRY WORKSHOP FOR IMPACT EVALUATIONS IN FINANCE AND PRIVATE SECTOR DEVELOPMENT

Dakar, February 1-4, 2010

Team Members

Title

Pequenas (≤ 5 empregados, 75%, ≤5,000, empresas formais )

• Outreach

• Mulheres

• Ilhas menos desenvolvidas

Matching grant 1 - Pequena

Title

Medias (≤ 10 empregados, 50%, ≤10,000, empresas formais )

• Outreach

•Mulheres

• Ilhas menos desenvolvidas

Matching grant 2 - PMEs

Curto prazoMedio prazolongo prazoCustos fixos vs custos variaveis

TitlePRIORITIES FOR LEARNING:

INTERVENTIONS

Impacto do programa de Matching Grant em:1. ↓ Constrangimentos financeiros

Investimento (K Humano; K físico; tecnologico)efeito multiplicador interno

Acesso a credito (valor de credito, taxa de rejeicao, valor colateral, modalidades de emprestimo, origem)2. ↑ Lucros3. ↑ Rendimentos4. ↑Emprego5. ↑ Diversificacao/ Especializacao6. ↑ cambio organizacional (Reducao de stock, outsourcing, organizacao da contabilidade, gap entre facturacao e pagamento, etc.)7. ↑ K social8. ↑ Controle de qualidade9. ↑ certificacao de qualidade10. Criacao de novos produtos e/ou entrada em novos mercados

TitleEVALUATION QUESTION

Medias – 06 a 10 empregados permanentes (integrais) Seleccao aleatorea entre pares de empresas

com caracteristicas mais parecidas possiveis Target de demanda ≥ 160Tratamento 80 e controlo 80

Pequenas – 01 a 05 empregados permanentes (integrais)Seleccao aleatorea entre pares de empresas

com caracteristicas mais parecidas possiveis

Target de demanda ≥ 400Tratamento 200 e controlo 200

TitleEVALUATION DESIGN

Outreach

GeograficoNivel 1: 22 municipios

Estrategia de divulgacao informacao por meio de associacoes locais

Divide-se em onze grupos de dois municipios similares e atribui-se aleatoriamente ao grupo de controle e tratamento

Dois grupos (tratamento e controlo) igualmente heterogeneos

Nivel 2: NacionalEstrategia de divulgacao de informacao por meio de

comunicacao social (TV, radio, jornais, etc.)Mesmo proceso: Divide-se em tres grupos de dois ou tres ilhas similares

e atribui-se aleatoriamente ao grupo de controle e tratamento Dois grupos (tratamento e controlo) igualmente

heterogeneos

TitleEVALUATION DESIGN

TitleTIMELINE FOR IMPACT EVALUATION

Outreach

municipal

0 3 96 18

Outreach nacional

Inquerito avaliacao (1 ano depois)

Tratamento 1

Tratamento 3

Tratamento 2

InqueritoEmpresarial 2010 + questionario candidatura(Baseline survey)

Inquerito2

Inquerito4

Inquerito3

12

Tratamento 4

24

Title

Outreach Diferencas na adesao

Identificacao de participantes feita com o apoio de instituicoes/associacoes com base de genero.

Participantes identificadas aleatoriamente atribuidas a grupos de controle e tratamento.

Diferencas de impacto do programa

Empresas lideradas por mulheres VS empresas lideradas por homens

PERSPECTIVA DE GENERO

Title

Fonte de dados: Instituto Nacional de Estatistica

Universo de empresas 6900 (≈ 90% ≤ 10 empregado integral; ≈ 70% ≤ 5)

Baseline survey (Inquerito as empresas 2010) + questionario de candidatura + questionario de seguimento.

Informacoes gerais (localizacao, natureza, sector, etc.)

Vendas

Numero empregados

K social

Exportacao/importacao

Investimento

SAMPLING AND DATA

Total dos donativos= 860,000$ USD

Medias - 650,000 $USD – 2000 $USD = total 325 grants; 50 por ano, target de demanda - 100

Pequenas - 150,000 $USD – 500 $USD = total 300 grants; 100 por ano, target de demanda – 200

Margem de manobra – 60,000 $USD (de acordo com a demanda)

Monitoring & Evaluation – 40.000 $USD (1600 entrevistas de questionarios)

TitleBUDGET

Title

CABO VERDE

Matching Grant Program for SMEs

CROSS-COUNTRY WORKSHOP FOR IMPACT EVALUATIONS IN FINANCE AND PRIVATE SECTOR DEVELOPMENT

Dakar, February 1-4, 2010

Mirian Lima (Ministry of Finance)

Sandra Fortes (Ministry of Finance)

Fernando Rocha (National Institute of Statistics)

Title

≤ 5 Full-time employees (75% of formal enterprises)

≤5,000 (size of grant)

• Outreach

• Women

• Less developed islands

Matching grant 1 – Small Enterprises

Title

≤ 10 Full-time employees (50% formal enterprises)

≤10,000 (size of grant)

• Outreach

• Women

• Less developed islands

Matching grant 2 – Medium Enterprises

Matching Program impact on:1. ↓ Financial constraints

Investment (human K; physical K; technological K)internal multiplier effect

Access to credit (credit volume, rejection rate, collateral value, types of borrowing, origin)2. ↑ Profit3. ↑ Revenue4. ↑ Number of employees5. ↑ Diversification/Specialization 6. ↑ Organizational Change (Reduction of inventory, outsourcing, accounting standards, reduction of gap between delivery and payment, etc.)7. ↑ Quality control8. ↑ Quality certification9. Creation of new products and/or entry into new regional markets

TitleEVALUATION QUESTION

Medium – 06 a 10 permanent employees (full time)

Random selection between pairs of enterprises with the most possibly comparable characteristics.

Demand target ≥ 160Treatment 80 and control 80

Small – 01 a 05 permanent employees (full time)

Random selection between pairs of enterprises with the most possibly comparable characteristics.

Demand target ≥ 400Treatment 200 and control 200

TitleEVALUATION DESIGN

Outreach

Geographiclevel 1: 22 municipalities

Information strategy through local associationsDivided into eleven pairs of similar municipalities,

randomly distributed between control and treatment groupWhich results in: two equally heterogeneous groups

(treatment and control)

Level 2: NationalInformation strategy through medial (TV, radio, etc.)Same process:Divided into eleven pairs of similar municipalities,

randomly distributed between control and treatment groupWhich results in: two equally heterogeneous groups

(treatment and control)

TitleEVALUATION DESIGN

TitleTIMELINE FOR IMPACT EVALUATION

Municipal

Outreach

0 3 96 18

NationalOutreach

Evaluation Inquiry

Treatment 1

Treatment3

Treatment2

Enterprise inquiry 2010 + Application questionnaire (Baseline survey)

Follow-up inquiry

2

Follow-up

Inquiry4

Follow-up inquiry

3

12

Treatment4

24

Title

Outreach Differences in take-up

Participants identification made with the support of gender oriented institutions/associations

Identified participants randomly assigned to control and treatment groups

Program impact differences

Women led enterprises VS men led enterprises

GENDER APPROACH

Title

Data source: Instituto Nacional de Estatistica (National Institute of Statistics)

Enterprise pop. 6900 (≈ 90% ≤ 10 full-time employee; ≈ 70% ≤ 5)

Baseline survey (Enterprise inquiry (2010) + application questionnaire + follow-up inquiry.

General info (location, nature, sector, etc.)

Sales

Number of employees

Social K

Exports/imports

Investment

SAMPLING AND DATA

Total of grants = 860,000$ USD

Medium - 650,000 $USD – 2000 $USD = total 325 grants; 50 per year, demand target - 100

Small - 150,000 $USD – 500 $USD = total 300 grants; 100 per year (margin to intensify treatment), demand target – 200

Maneuver margin – 60,000 $USD (according to demand)

Monitoring & Evaluation – 40.000 $USD (1600 Follow-up inquiry interviews)

TitleBUDGET

Title

P.S. – Special Thanks to Alvaro Gonzalez, Leo Iacovone and David McKenzie!