Sakchyam Access to Finance for the Poor Programme (Sakchyam) is funded by UKaid as part of an agreement between the Governments of Nepal and the UK. Sakchyam is implemented by Louis Berger for the Department for International Development (DFID Nepal) in partnership with local and international institutions.
The programme is working with the public and private sectors to leverage access and facilitate financial sector development in Nepal for Micro, Small and Medium Enterprises (MSMEs) and for poor people with a focus on the Sudur Paschim, Karnali and Province 5, and beyond. To do so, the programme focuses on three main outputs:
Sakchyam identifies its entry points as market-led solutions to market failure and or missing markets. It has established the Sakchyam Challenge Fund to attract and leverage private sector investments to launch innovative business models targeted at poor people and communities; which deliver socio-economic benefits to financially unserved and or underserved people and entities, but on a commercially-sustainable basis. Sakchyam co-invests in innovative projects that has high social value would remain un/under invested if only left to private sectors, but crucial to improve livelihood of target beneficiaries.
There are no openings at present