Project profile — The Revival of Haitian Micro, Small and Medium Enterprises (MSMEs)

• Haiti (100.00%)

• Formal sector financial intermediaries:
Formal sector financial intermediaries (24030) (10.00%)
Informal/semi-formal financial intermediaries (24040) (10.00%)
Education/training in banking and financial services (24081) (50.00%)
• Agriculture: Agricultural financial services (31193) (15.00%)
• Industry: Small and medium-sized enterprises (SME) development (32130) (15.00%)

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (principal objective)
• Participatory development and good governance (significant objective)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (significant objective)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Disaster Risk Reduction(DRR) (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• Nutrition (not targeted)
• ICT as a tool for development (not targeted)

This project aims to support Haitian micro, small and medium enterprises (MSMEs) in their economic recovery efforts, notably by implementing initiatives that support economic security, poverty reduction and women’s power and agency in Haiti. Project activities include: (1) developing and implementing a professional development program for women in the finance sector; (2) defining and implementing a development plan for two promising sectors; (3) setting up an accelerator program for proponents supporting entrepreneurs, girls and boys; (4) providing a more differentiated offering of financial products and services; (5) providing tailored training on entrepreneurship, relevant financial programs/funding and how entrepreneur coaching services work; (6) improving the delivery of financial services to women micro-entrepreneurs; (7) implementing a personal development program for women entrepreneurs; and (8) developing a business model for coaching services offered to MSMEs.

The expected outcomes of this project include: (1) improved public and private financial institutions in Haiti to effectively deliver financial services tailored to various needs of Micro, Small, and Medium Enterprises; and (2) improved investments in innovations that foster performance, competitiveness and resilience in Micro, Small, and Medium Enterprises, especially those headed by women and young people. 

N/A

• Proactive disclosure