Haiti - Economy : $500,000 to increase access to credit for very small and small enterprises

iciHaiti - USA : The PNH received a batch of materials and equipment to fight against Gangs

iciHaiti - Special D1 Championship : 10th and last day (Calendar)

iciHaiti - Football : FIFA / CONCACAF seminar on the license of D1 clubs

iciHaiti - Humanitarian : Supply of essential supplies increasingly difficult

iciHaiti - Special D1 Championship : Complete results of the first 9 days

more news

Haiti - News : Zapping...

Haiti - Installation of the CPT : Rain of international reactions (Part 1)

Haiti - Politic : Statement by the President of Kenya

Haiti - CPT Installation : CARICOM Declaration

Haiti - Travel : JetBlue and American Airlines will resume their flights to Port-au-Prince

more news

Haiti - Economy : $500,000 to increase access to credit for very small and small enterprises
06/06/2016 09:20:12

The Barbados-based Caribbean Development Bank (CDB) announces that it will contribute to the tune of US$500,000 towards a project aimed at giving entrepreneurs in Haiti better access to business loan and savings products.

It said that the funding will specifically focus on underserved and unserved micro, very small and small enterprises (MSEs) on the island.

CBD said its contribution will be made through the Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB). The funds will be used to establish a specialised MSE business financing assessment unit, "Centre Financier pour Entrepreneurs" (CFE) in partnership with "Le Levier", a financial institution which has a network of 43 savings and credit cooperatives across Haiti. "This initiative aims to strengthen the capacity of the financial institutions within Le Levier‘s network to better appraise credit applications from MSE clients. With this process in place, MSE owners are expected to have better access to financing instruments that best suit their needs," the CDB added.

See also :
https://www.haitilibre.com/en/news-17545-haiti-security-grant-to-pay-haiti-s-insurance-premium.html

HL/ HaitiLibre