Bolivia is a nation of entrepreneurs and promising commercial enterprises, with an estimated half a million MSMEs employing about 80 percent of the labor force. Yet, this labor force accounts for less than 5 percent of the gross domestic product.
The challenge facing Bolivia is unemployment and income inequality, so the goal is to turn these micro-, small, and medium enterprises into more productive and competitive units. At the same time, this approach will allow conditions to expand the domestic market through increasing income, reducing poverty levels and fostering a positive business environment. Moreover, these efforts to increase the productive and competitiveness of MSMEs, will enable Bolivian firms to look for foreign markets, which has a positive impact on product quality, technological innovation and investment.
Project Duration: 2009 - 2013
The Bolivian Productivity and Competitiveness Project aimed to increase productivity and sales of these MSMEs to generate and sustain employment and increase incomes in urban and peri-urban areas. Under the project, Chemonics worked with USAID to strengthen selected value chains in Bolivia, build the capacity of local organizations to provide capacity-building services to MSMEs, and improve the business enabling environment.
- Improve the competitiveness and productivity of selected value chains through fostering workforce and skills development
- Strengthen the ability of local institutions to support MSMEs in areas of business development
- Promote dialogue between key stakeholders to improve the business enabling environment and value chains
- Use a Global Development Alliance fund to leverage funding from the private sector, public institutions, and other donors