Micro-Enterprise Development Programme (MEDEP)
Over eighty percent of Nepal's population lives in rural areas. The lack of income-earning opportunities in these areas is a central cause of the widespread poverty and unemployment in the country. It forces over half a million youths to leave home country to seek work in India, gulf and East Asian countries. The sustainable development of Nepal's villages depends on generating many new local jobs through the development of local resources based small businesses to meet the job requirements for ever growing number of young job seekers, higher consumption propelled by remittance and country's soaring trade deficit...Read More
What have we accomplished so far
In 2015, the focus of MEDEP was to ensure a full Government ownership of this poverty-reduction vehicle and to further strengthen micro enterprise associations’ ability to deliver business development services for their members. Despite the challenges resulting from the earthquake and the significant loss to the gains MEDEP had made in the previous years, several milestones were reached in 2015.
14,200 new micro entrepreneurs were created, thus helping to alleviate their poverty conditions, exceeding the project target of 10,000. Till date, MEDEP has created 76,322 microenterprises and contributed to the creation of over 90,000 jobs for the rural poor and socially excluded groups.