Active Portfolio Investment Projects
- Project Title:
- Grant Amount:
- $ 15 MILLION
- Approval Date:
- February 20, 2014
- Closing Date:
- December 30, 2018
The Project Development Objective is to increase the potential for employment and higher earnings of targeted young Afghan women and men in rural and semi-urban areas through non-formal skills training.
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The project is based on the lessons learnt during the implementation of the ongoing ASDP and is composed of the following components: i) improving the Quality of Non-formal Training and the Labor Market Outcomes of Trainees to incentivize non-formal training providers to provide quality training and increase their job placement rates; ii) Project Management, Capacity Building of MOLSAMD and M&E; and iii) Piloting Entrepreneurship among Unskilled and Illiterate young Afghans to promote entrepreneurship among them to help improve their welfare status.
- Share of trainees who find employment within 6 months of graduation, with respect to control groups.
- US$ 4 million in incentives disbursed to training providers.
- 445,000 training providers, trainees, graduates, saving group members and recipient of competitive grants benefit from the project. Of these, 30% are women.
- Increase in trainees’ earnings, with respect to control groups.