About Sakchyam

The Sakchyam Access to Finance for the Poor Programme (Sakchyam) is an initiative funded by UKaid as part of an about
agreement between the Governments of Nepal and the UK. It is implemented by Louis Berger for the Department for
International Development (DFID Nepal) in partnership with local and international institutions.

The 5-year programme, valued at £20.5 million, is working with the public and private sectors to leverage
access and facilitate financial sector development in Nepal for small and medium enterprises (SMEs) and for poor people
with a focus on the Mid- and Far-Western Regions (MWDR and FWDR), and beyond.

To do so, the programme focuses on three main outputs:

  1. Improved SME Finance as banks and other financial institutions provide more and better products and services to
    these enterprises.
  2. Strengthened capacity of microfinance financial institutions (MFIs) as well as other formal and semi-formal financial
    institutions, to provide services in selected districts
  3. Improved financial capability of enterprises and households in priority districts

As part of such, it has established the Sakchyam Challenge Fund to attract and leverage private sector proposals that
encourage innovative and new products and services aimed at poor people and communities, which deliver socio-economic
benefits to large number of poor people, but on a commercially-sustainable basis.