Institutional Strengthening of ACME
ACME, which is one of the pioneers in the new trend of professionalization of micro finances in Haiti, has been meeting the financial requirements of a large number of micro entrepreneurs through its credit services, having become in a short period of time one of the leading credit providers for this sector in the country. This institution has decided to take advantage of the oportunities currently being offered by a still underserved market and expand its credit operations to a larger number of micro entrepreneurs, taking the lead in reaching out to Port-au-Prince's more difficult neighborhoods and in the introduction of new financial products aimed at improving the range and quality of the services it offers to its clients. To this end it sought MIF support through the Line of Activity to strengthen its institutional capabilities.

Project Detail

Country

Haiti

Project Number

TC0302007

Approval Date

August 26, 2003

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

PRIVATE FIRMS AND SME DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 250,000.00

Country Counterpart Financing

USD 75,000.00

Original Amount Approved

USD 175,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-8408-HA Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) -
Operation Number ATN/ME-8408-HA
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument:

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-517140488-4101
Donors Memorandum
Donors memorandum - Line of Activity - MIF project TC0302007 - ATN_ME-8408-HA [1803007].PDF
Dec. 31, 1999
English
 Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-517140488-796
Executive Summaries papers
HAITI_ Institutional Strengthening of ACEM - _Association pour la Cooperation avec la Micro Entreprise_ [719375].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-517140488-797
Executive Summaries papers
HAITI_ Fortalecimiento Institucional de _Association pour la Cooperation avec la Microentreprise_ (ACME) [719376].PDF
Dec. 31, 1999
Spanish

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