Jobs and Income
By December 2017, 4.8 million SMEs and farmers will have increased their income by USD 689 million. Katalyst’s interventions resulted in creating more than 800,000 full-time equivalents. Jobs in farms and SMEs were a direct result of these efforts, but there were also indirect results in the form of new jobs in various associated value chains, created by increased income and spending.
Katalyst systematically applied the Grameen Foundation’s Progress out of Poverty Index (PPI). 76% of beneficiaries (farmers and small business owners) were living below the upper poverty line (less than 2.5 USD per day), and 23% below the lower poverty line (less than 1.25 USD per day). The PPI helped to design interventions towards a more poverty-oriented focus.
Katalyst exceeded all targets given by its donors and the government of Bangladesh by leaps and bounds, laying a foundation for successful scaling-up by applying the Market Systems Development (MSD) approach. Katalyst has facilitated 309 interventions during 2000-2017. The below examples are drawn from those interventions.