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QUARTERLY REPORT – OCTOBER THROUGH DECEMBER 2007 - page 5 / 31

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MISSION STATEMENT

ASMED is a three-year development assistance program providing technical assistance and financial support to the very important small and medium enterprise (SME) sector and the organizations that support SMEs throughout Afghanistan. ASMED’s activities have national reach – headquartered in Kabul, there are also three regional offices in Herat, Nangarhar, and Balkh, and partner activities in Helmand, Kandahar and Badakshan.

With an overarching goal to increase opportunities for trade, employment, and investment in Afghanistan, ASMED’s activities fall into five main components, as detailed below. The success of the project will be measured by the indicators described under each component.

Gathering, analyzing and disseminating Afghanistan market information on 12 sectors;

  • Leading to 1275 SMEs that will have added value and or diversified into higher value products or services in response to market demand, and a 72% increase in sales of participating SME in targeted sectors.

Developing 135 strong business services providers;

  • Resulting in the support of 6,000 businesses.

  • Leading to the creation of 800 new SMEs and 20,000 jobs.

  • Helping 30 SMEs access bank loans/equity and 3,500 firms invest in improved

technology. Strengthening and increasing the numbers of business associations:

  • Resulting in the establishment of 295 business associations in target provinces, 4,500 new members in business associations, and an 146% increase in membership of project-supported associations.

  • Reaching and supporting 225 existing business associations in targeted provinces.

Creating public-private sector alliances;

  • Bringing about 37 private-public partnerships (GDAs) that will leverage $5.4

USD. Building the capacity of an Afghan private sector workforce:

  • By creating 900 internship opportunities in Kabul and elsewhere and placing

450 participants in the Professional Learning Mentorship Program.

The following pages provide highlights and details of the ASMED project’s work over the last quarter in these component areas. The narrative touches on some of the events that occurred during the quarter while the tables summarize all the activities.

ASMED QUARTERLY REPORT

1

OCTOBER – DECEMBER 2007

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