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HA-M1043 : Equity strengthening of ACME for the expansion of financial services to MSEs

Project Status: Closed

The project aims to facilitate the access of micro and small enterprises to financial services, mainly credit. Its purpose is to strengthen the equity structure of ACME S.A - an institution dedicated to microfinancing-- to enable it to expand its financing services to micro and small enterprises. MIF will take a minority stake in the shareholding of this entity. A parallel technical cooperation will strengthen the governance of the institution and the dissemination of experiences and lessons of the project.

Project Detail

Project Number

HA-M1043

Project Country

Haiti

Project Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Project Subsector

MICROENTERPRISE DEVELOPMENT

Project Type

Technical Cooperation

Project Lending Type

NSG

Project Modality

Project Facility Type

Environmental and social impact category

B13

Project Status

Closed

Operation Number

ATN/ME-13279-HA

Financial Information

Project Number

HA-M1043

Project Status

Closed

IDB Financing

Financing type

TCN

Fund

Multilateral Investment Fund II (MIF) -

Reporting currency

USD - United States Dollar

Reporting date

Jul/18/2023

Roles & Responsibilities

Contract signature date

Aug/01/2013

Project Information

Total Cost

USD 886,000

Country counterpart financing

USD 286,000

Amount

USD 600,000

Approved

Title

Type

Project Number

Date Published

Monitoring and Evaluation Plan (during Execution)

MIF_ PSRDef ATN_ME-13279-HA.pdf

Monitoring and Evaluation Plan (during Execution)

HA-M1043

November 22, 2021

Donors Memorandum

HA-M1043 - ACME - Executive Summary

Donors Memorandum

HA-M1043

April 02, 2015

Technical Cooperation Agreement

Haiti. Equity Investment EQU/MS-13280-HA and Nonreimbursable Technical Cooperation ATN/ME-13279-HA - Strengthening ACME’s Equity for the Expansion of Financial Services to Micro and Small Enterprises.

Technical Cooperation Agreement

ATN/ME-13279-HA;EQU/MS-13280-HA;HA-M1043

June 13, 2012

Technical Cooperation Agreement

ATN/ME-13279-HA;EQU/MS-13280-HA;HA-M1043

June 13, 2012

Implementation

Title

Type

Project Number

Date Published

Project Performance Monitoring Reports

MIF: Project Status Report ATN/ME-13279-HA