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Strengthening the role of financial institutions for micro-insurance development in Africa - Final evaluation

eval_number:

2432

eval_title:

Strengthening the role of financial institutions for micro-insurance development in Africa - Final evaluation

location:

region:

Africa

country:

Africa - regional

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eval_url:

https://analyticstest.ilo.org/ievaldiscovery/eval/2432

lessons_learned:

description:

The project operated in complex environments and provided advanced partner organizations (microinsurance providers) with technical assistance to promote quality at scale. While the project faced numerous challenges and despite the fact that it had conducted rigorous due diligence, experience shows that in such contexts where results closely depend on key project Partners, due diligence should even be more extensive to avoid dealing with unsuccessful partnerships that might put project interventions at stake.

context:

Time and resources need to be allocated accordingly to conduct extensive selection processes of project Partners and of other key stakeholders taking such risk into account.

success:

Project staff and Partners would benefit from thorough due diligence to avoid dealing at a later stage with complex situations that could have been avoided.

challenges:

All project team members and Partners should display the willingness to conduct a lengthier due diligence exercise that can be in some cases be a long and complicated process.

administrative_issues:

Additional resources would need to be allocated to due diligence in the project design.

comments:

All project staff, stakeholders and beneficiaries can benefit from avoiding technical assistance interventions facing complications that will cause delays and hence reduce overall impact.

url:

https://analyticstest.ilo.org/ievaldiscovery/lessons/215291

themes:

theme:

Small or micro - enterprises

category:

Enterprises

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