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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

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

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

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Alternatively, the EIB can be contacted through its external offices.
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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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