Monitoring and Evaluation (M&E) is critical for determining whether each project activity is making progress toward fulfilling the targets set for it under the design developed from the initial diagnostic. The overriding purpose of implementing women entrepreneurship projects, including those using digital enablers, is to increase women’s participation in the economy and thereby improve their status, well-being, life satisfaction, and other dimensions of empowerment.
To better position projects to achieve these development outcomes, proper M&E is as important as any other element presented in this toolkit. However, relatively limited research and analysis have been published to guide teams in developing M&E frameworks for women entrepreneurship projects featuring technology. The following section provides fundamental M&E guidance to project teams and practical tools, such as indicator lists and reference materials, to assist teams in consistently tracking and measuring project results. It should be noted that this toolkit focuses on monitoring and not evaluation.