TA-9333 INO: Financial Market Development and Inclusion Program (Subprogram 2)-Promoting Innovative Financial Inclusion - VC-FIRM-N National Firm for Gender-Sensitive Value Chain Study VC-FIRM-N (48207-002)
TA-9333 INO: Financial Market Development and Inclusion Program (Subprogram 2)-Promoting Innovative Financial Inclusion - VC-FIRM-N National Firm for Gender-Sensitive Value Chain Study VC-FIRM-N (48207-002) has been closed on 26 May 2022.
It no longer accepts any bids. For further information,
you can contact the Coordinating Ministry for Economic Affairs also known as Kementerian Koordinator Bidang Perekonomian (KKBP)
Bellow, you can find more information about this project:
General information
Donor:
Coordinating Ministry for Economic Affairs also known as Kementerian Koordinator Bidang Perekonomian (KKBP)
The Government of Indonesia launched the National Financial Inclusion Strategy for Women (NWFIS) in
June 2020. The NWFIS has seven priority areas including comprehensive support for women-owned micro
small and medium sized-enterprises (MSMEs). The NWFIS is supported by a five-year action plan,
which complements the National Medium Term Development Plan 2020-2024, and also complements the
“five presidential directions” by the Ministry of Women Empowerment and Child Protection, in
particular the direction to increase the amount of women entrepreneurs.
The COVID-19 pandemic has had a disproportionately negative impact on women-owned businesses across
several key sectors in Indonesia. There is growing evidence of the need for more data and evidence
to inform post-pandemic recovery policies that can support women-owned businesses overcome the
pandemic’s challenges.
The Asian Development Bank has been supporting the Government of Indonesia with its objectives to
strengthen women’s financial inclusion and women’s entrepreneurship through the Competitiveness,
Industrial Modernization, and Trade Acceleration Program (CITA) and Promoting Innovative Financial
Inclusion Program (PIFIP). To accelerate financial inclusion in Eastern Indonesia, OJK has also
launched the Eastern Indonesia Financial Innovation Lab (EIFIL) which focuses in 5 provinces (West
Nusa Tenggara, East Nusa Tenggara, Maluku, North Maluku and South Sulawesi Province). OJK provides
technical assistance to the regional development banks (Bank Pembangunan Daerah/BPD) in these
provinces to increase financial inclusion, specifically for the MSMEs sector, with priority for
women-owned businesses and youth entrepreneurs in the agriculture and tourism industries. The CITA
Program will support the development of a new integrated national plan for MSMEs on upscaling and
modernizing priority sectors; including food and metal processing, and ensuring equitable
participation by, and responsiveness to women-owned MSMEs.
As part of these programs, ADB will generate new evidence and data on women-owned business through
a gender-sensitive value chain study. ADB is seeking to engage a firm to produce gender-sensitive
value chain study of at least two sectors, that will be defined together with the firm and relevant
government agencies, as well as the Women’s Financial Inclusion Network (Jejaring Keuangan Inklusif
Perempuan or J-KIP) based on select criteria, such as percentage of women-owned businesses in the
sector, or growth potential of the sector. The study should aim to understand the role and specific
gendered challenges of women-owned businesses in different parts of the value chain, as well as
analyse and provide data on female employees in the value chain.
The study also is expected to identify international good practices regarding the participation
of women-owned businesses in the global value chain. The gender sensitive value chain study
will inform the implementation of the NWFIS, the EIFIL and CITA initiative, especially on how to
support the women-owned businesses in three strategic sectors expand their business by
participating in the global value chain. The objective will be to identify policy entry points for
supporting women’s financial inclusion and women-owned MSMEs.