A project has been launched to give female and male entrepreneurs in Haiti better opportunities to grow their businesses.
The Caribbean Development Bank (CDB), Inter-American Development Bank, Global Affairs Canada and Desjardins International (DID) of Canada have partnered to increase access to business loans, saving products, and services for micro and small enterprises (MSEs) in Haiti.
The project, launched this week, will support Le Levier Fédération—a network of savings and credit cooperatives—in establishing a specialized MSE Finance Unit.
The Project titled, ‘Support for the Establishment of a Specialised Micro and Small Business Financing Assessment Unit, within the Le Levier Fédération’ has an investment of US$3.04 million, which includes a loan component of US$500,000 for onlending to first-tier savings and credit cooperatives within the Le Levier network that utilise the CFE model for the financing of MSEs.
