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Economic Development Expertise: Transforming Promise into Progress

CHF achieves pro-poor economic growth in a wide variety of contexts along the development continuum—from areas rebuilding from conflict or disaster, to developing regional economies, to transforming countries.

PROMISE into PROGRESS PYRAMID: Linking Enterprises to Markets along the Development Continuum

CHF’s multi-faceted approach, illustrated through a four-sided pyramid entitled the “Promise into Progress Pyramid,” consists of vision, investment, competitiveness, and the enabling environment. Each of the Pyramid’s facets

is fundamental to the foundation for broad-based economic development and achieving growth along the development continuum.

I Strategy & Vision—providing direction

II Investments & Incentive—the catalyst for opportunities

III Competitiveness & Microenterprise—building the capacity to respond to markets

IV Enabling Environment—creating the context in which opportunities prosper

 

THE DEVELOPMENT CONTINUUM

CHF International adapts its Promise into Progress approach to development contexts at different levels of stability, social progress, governance and economic prosperity. The Pyramid also illustrates the development continuum:

> Rebuilding: Countries and areas just recovering from conflict or disaster such as Sudan, Iraq and Colombia.

> Developing: Low-income countries faced with significant development challenges and high levels of poverty, such as Bosnia, the Caucasus and Mongolia.

> Transforming: Countries that are making significant progress along the development continuum including Romania and Lebanon.

Throughout the development continuum—from rebuilding, to developing, to transforming—CHF’s approach ensures that development reaches and builds from the micro- and local levels of the economy.

Highlights of CHF International’s Economic Development Expertise:

Managing approximately US$300 million in economic programming in total awards and loan capital, CHF International has a strong track record in managing multi-faceted economic development programs that enhance competitiveness, link to international markets and contribute to broad-based economic growth. Highlights of CHF’s impact in enterprise development, regional economic development, livelihoods and development finance include:

> strengthening enterprises through 19 programs totaling over US$80 million including alternative development in Bolivia, tourism and agriculture in Honduras, and youth entrepreneurship in Tajikistan;

> contributing to regional economic development through private-public partnerships, stakeholder engagement in economic planning, and linkages to financial services and competitive markets in countries including Georgia, Bosnia, Serbia, Montenegro, Azerbaijan and Uzbekistan;

> revitalizing livelihoods and spearheading market-driven opportunities in local trade and investment in post-conflict and disaster settings such as Sudan, Indonesia, Afghanistan and Ethiopia; and

> managing a loan portfolio of US$60 million and extending financial services down-market through a worldwide network of Development Finance Institutions that has successfully leveraged US$42 million in capital from nine commercial banks.