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HA-L1111 : Expansion of financial services to secondary cities

Project Status: Closed

The purpose of the project is to contribute to the expansion of financial services to secondary cities in Haiti. It will provide support to ACME to implement its strategy to bring microcredit services to these cities through: (i) technical cooperation to support the opening of new branches in these cities, through market expansion studies, human resource formation, financial education, integration of on-line communication services, and (2) a loan to expand its microcredit portfolio.

Project Detail

Project Number

HA-L1111

Project Country

Haiti

Project Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Project Subsector

MICROENTERPRISE DEVELOPMENT

Project Type

Loan Operation

Project Lending Type

NSG

Project Modality

Project Facility Type

Project Status

Closed

Operation Number

SP/SF-09-03-HA

Financial Information

Project Number

HA-L1111

Project Status

Closed

IDB Financing

Financing type

SMP

Fund

Ordinary Capital

Reporting currency

USD - United States Dollar

Reporting date

Jul/18/2023

Roles & Responsibilities

Contract signature date

Feb/22/2010

Project Information

Total Cost

USD 1,200,000

Country counterpart financing

USD 200,000

Amount

USD 1,000,000

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