Effectively measuring development impact requires a system to target specific outcomes (such as jobs created or increase in tax revenues). Knowing this, a National Development Bank (NDB) engaged Momentus (formerly IFCL) to develop and implement its Monitoring and Evaluation (M&E) framework.
Our framework enabled the NDB to meaningfully measure its impact. We provided actionable guidance and tools, such as templates that capture and report data; recommended IT upgrades in support of meaningful M&E data collection and analysis; and conducted an analysis that addressed risks in the bank’s systems and processes.
Our contribution helped to establish this Bank’s comprehensive database management systems and practices.