ACME Haiti Local Currency Loan

Promoter – Financial Intermediary

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

Location

• Haiti

Description

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

Objectives

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

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Equivalent of EUR 3 million in local currency (Haitian gourdes)

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Not applicable.

Procurement

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

Status

Signed - 28/11/2011