Expansion of financial services to secondary cities
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

Country

Haiti

Project Number

HA-L1111

Approval Date

September 15, 2009

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 1,200,000.00

Country Counterpart Financing

USD 200,000.00

Original Amount Approved

USD 1,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
SP/SF-09-03-HA Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Small Project Financing
Operation Number SP/SF-09-03-HA
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Small Project Financing