Prosperity for poor households in Bangladesh

The project called “Samriddhi”, which means ‘prosperity’ in Bangla, contributes to sustainable well-being and resilience of poor and extremely poor households through social and economic empowerment. The project is active in Rajshahi and Rangpur Divisions and Sunamganj District of Bangladesh.
Based on the principles of facilitation, inclusiveness, innovation, competitiveness, co-financing and knowledge management, the project focuses on enterprise and value chain development as well as service market improvement for rural producers. The main objectives of Samriddhi are to strengthen the competitiveness of rural products and value addition at producers’ level and to enhance the capacities of rural Micro and Small Enterprises in business management and in the acquisition of financial capital. Strengthening local service provision through capacity building of Service Providers' Association and collaboration with government line agencies and private companies is another important objective as well as empowering communities and building social capital through human and institutional development. The project engages women and increases their participation in local development processes. Furthermore, the project aims to build the capacity of the communities in disaster risk reduction.

Important stakeholders to achieve these objectives are Local Service Providers (LSP) and their Associations, Ward Platforms, private sector organizations, public institutions and agencies, and local Non-Governmental Organizations. The project combines the Making Markets Work for the Poor approach that includes systemic actions through aligning market functions and actors to bring sustainable changes and large-scale impacts with the Human and Institutional Development approach that includes underlying values like empowerment, equity and self-reliance. Gender equity and Disaster Risk Reduction are considered cross-cutting issues. Market development focuses on 12 pro-poor value chains in the fields of medicinal plants, vegetables, fruit, fish, milk, poultry, duck, beef, goat, and cotton, jute and plant crafts.

This is a project mandate implemented on behalf of the Swiss Agency for Development and Cooperation (SDC)

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HELVETAS Bangladesh

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