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ACME HAITI LOCAL CURRENCY LOAN

Signature(s)

Amount
€ 3,000,000
Countries
Sector(s)
Haiti : € 3,000,000
Credit lines : € 3,000,000
Signature date(s)
28/11/2011 : € 3,000,000
Link to source
Data sheet
ACME HAITI LOCAL CURRENCY LOAN
Other links
Summary sheet
ACME Haiti Local Currency Loan
Related press
Haitian small companies and water get specialist European support

Summary sheet

Release date
18 April 2011
Status
Reference
Signed | 28/11/2011
20100552
Project name
Promoter - financial intermediary
ACME Haiti Local Currency Loan

Action pour la Coopération avec la Micro-Entreprise SA
Contacts:
Sinior Raymond, CEO
sraymond@acmehaiti.org ou siniorr@hotmail.com
Bernard de Brouwer, Chairman
bdebrouwer@acmehaiti.org ou bdebrouwer@yahoo.com

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Equivalent of EUR 3 million in local currency (Haitian gourdes)
Not applicable.
Location
Sector(s)
Description
Objectives

Credit line to the microfinance institution ACME SA to enable it to grow its portfolio in the post-earthquake reconstruction context.

Financing of micro-entrepreneurs in the capital Port-au-Prince and suburban and rural areas.

Environmental aspects
Procurement

Not applicable.

The Bank will ensure that the procurement procedures meet its standards before signing the contract.

Link to source
Summary sheet
ACME Haiti Local Currency Loan
Other links
Data sheet
ACME HAITI LOCAL CURRENCY LOAN
Related press
Haitian small companies and water get specialist European support

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

News & Stories

Link to source
Related press
Haitian small companies and water get specialist European support
Other links
Data sheet
ACME HAITI LOCAL CURRENCY LOAN
Summary sheet
ACME Haiti Local Currency Loan

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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