Audit of USAID/Iraq's Microfinance Activity Under Its Provincial Economic Growth Program

Recommendations

Recommendation 1

USAID/Iraq revise its performance monitoring plan to include performance indicators and targets for reaching poor borrowers for the remaining two years of the Provincial Economic Growth Program, particularly for microfinance institutions that have attained performance targets for financial sustainability.

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Recommendation 2

USAID/Iraq require the contractor to update its performance monitoring plan to specify data review mechanisms, identify any known data limitations, and clarify data sources.

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Recommendation 3

USAID/Iraq perform a data quality assessment of the jobs performance indicator: number of jobs (new and existing) that are sustained at firms receiving microloans.

Questioned Cost:
$0
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