Promotion of Micro and Small Enterprises in Cap-Haitien
In the Haitian Northern Department, the SMEs have very limited access to basic resources to allow them to be competitive for example: qualified human resources to provide technical assistance, financial resources, and modern information technologies. They are currently working in an isolated manner and receiving no support from the public sector or other donors who give more attention to SMEs located in the Capital city. Many micro entrepreneurs are leaving the Department to migrate toward Port-au-Prince, Dominican Republic, and The Bahamas to escape poverty. To address this critical problem SOCOOPEC will (i) assessing the SMEs needs and performance; (ii) develop a dedicated training program for each SMEs value chain; (iii) facilitate access to bigger and longer term loans for SMEs that need this type of financing; (iv) create linkages between SMEs of a same value chain; (v) support the development of local expertise to accompany the transformation process to competitive SMEs; and use new information and communication technologies (NTIC) to leverage their competitiveness. The overall objective is to increase the competitiveness of SMEs located in the Northern Department of Haiti. The specific objective is to strengthen the institutional, technical, and managerial capacities of SMEs that make up SOCOOPEC providing access to financial and non-financial business services designed to improve their productivity and competitiveness. It includes three components: Upgrading SMEs capacities to provide better quality and competitive services; and Increasing SMEs competitiveness.

Project Detail

Country

Haiti

Project Number

HA-M1011

Approval Date

December 18, 2007

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

PRIVATE FIRMS AND SME DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 120,000.00

Country Counterpart Financing

USD 36,000.00

Original Amount Approved

USD 84,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-10765-HA Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-10765-HA
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-595626331-49
Project Performance Monitoring Reports
FOMIN_ Reporte de estado del proyecto ATN_ME-10765-HA [37128038].PDF
Sep. 27, 2012
English

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