Impact SME Development Progamme
We provide support to impact-driven small- and medium-sized enterprises (Impact SMEs).
Oxfam’s Impact SME Development (iSME) Programme supports small impact-driven businesses to grow. The programme provides these 'Impact SMEs’ with tailored consultancy, group training and support in accessing finance.
Impact SMEs bring positive impact to people and planet through their core business. This can be through their products and services, their business operations or whom they sell to or source from. Supporting SMEs to grow brings opportunities for suppliers, staff, customers and the wider community.
The programme is being implemented since 2014 and currently runs in Cambodia, Vietnam, Uganda, Nigeria, Somaliland, Egypt and Pakistan.
Why Impact SMEs?
- SMEs are a key driver of economic development, accounting for over 50% of GDP, 67% of full-time employment and 85% of new jobs created.
- Impact SMEs have a key role in offering innovative and sustainable solutions for local markets and societal challenges.
- On top of facing challenges related to skills, finance and the business environment, impact SMEs need to balance financial and impact objectives
- Impact investors are ready to provide the needed growth capital but SMEs need support in professionalizing their business.
Stories from entrepeneurs
Here are some examples of entrepeneurs making an impact in their communities.
Teddy Ruge, Entrepreneur
Teddy’s company Raintree Farms processes Moringa tree leaves into powder in Northwestern Uganda. He chose Moringa because it is a healthy product, the trees protect the land and they mix well with agriculture. He employs over 75 staff, mainly young women, and has developed a supplier income model whereby farmers receive a fixed income for their produce. Photo by Raintree Farms
Emanu Georwell, Entrepreneur
Emanu’s company offers a solution to the low numbers of fish in Lake Victoria, and high levels of malnourishment in Eastern Uganda. Geossy sells fish feed and fingerling (young fish) to fish farmers and trains them in cage farming. “The fish trade is a good and easy way to fight poverty in Uganda and the easiest way to employ people, especially female entrepreneurs.”
Nguyen Thi Tham, entrepreneur
Ms. Tham’s company TAFOOD produces the special Shan Snow tea from the mountains of North Vietnam, creating a high quality product, supporting the livelihood of a remote indigenous community and preventing soil erosion. Photo by TAFOOD.
Here are some success stories from Impact SMEs.
The iSME programme works with local partners in 7 countries.