Samriddhi (Samriddhi)

Description

Samriddhi, meaning "prosperity" in Bangla aims at contributing to sustainable well-being and resilience of poor and extreme poor households of Rajshahi Division and Sunamganj District through social and economic empowerment.

Main objectives:
Outcome 1: Market and value-chain development
Poor and extreme poor men and women in the project intervention areas make use of improved employment and income generating opportunities facilitated through value-chain and enterprise development, and have sustainable access to quality services (information, skills, technology, etc.), both private and public.
Outcome 2: Community organisation and governance
Poor and extreme poor men and women in the project intervention areas define, manage, and lobby for their own development priorities and are able to secure access to a more enabling environment for their livelihood improvements.

Main activities/approaches/strategies:
Value chain development
Enterprise development
Service market promotion (knowledge, information, finance, etc.)
Building human and institutional capacities (social capital, participation in local governance, gender, DRR)

The main approaches of Samriddhi are "Human and Institutional Development" (HID) and "Making Markets Work for the Poor" (M4P). HID will help the community platforms to work towards an empowering and enabling local environment and the MSEs and SPAs (service providers associations) to take a strong role in business development, outreach and inclusiveness. The M4P approach will be directed to establish sustainable and inclusive market systems for the selected value chains.

Beneficiaries are 700,000 direct target households; additional 500,000 indirect beneficiaries, adding up to 1,2 million beneficiary households or roughly 5 million people

Fact sheet

Type: Trust fund project
Start: 2010 End: 2013 Status: Current

Region: South Asia

Country: Bangladesh

Working domain: Rural Economy

Key topic: Micro and small enterprise promotion | Strengthening of associations and interest groups | Product and market development in agriculture and forestry | Rural livelihoods and poverty

Funding source: Swiss Agency for Development and Cooperation

Staff

Responsible at Delegation/Representation: Felix Bachmann

Responsible at Head Office: Philippe Vaneberg

Contact