| Date: | 2013-2015 |
| Description: | The project has two components: one urban and one rural: in urban areas, micro-credits of between 5,000 and 25,000 HTG are granted for periods of 6 to 12 months with an annual exchange rate of 6%. In rural areas, micro-credits of 5,000 HTG are granted for periods of up to 6 months. In both cases, a guarantee group of 5 persons is formed to guarantee the loans and ensure a better repayment rate. The project aims to formalise the small businesses of the beneficiaries and give them the possibility of securing an income-generating activity. |
Characteristics
| Target population: | Households with a female head of household with a productive and/or commercial activity |
| Area of intervention: | Support to self employment |
| Geographic scale: | National |
Institutionality
| Legal framework: | |
| Responsible organization(s): | Economic and Social Assistance Fund (FAES) |
| Executing organization(s): | Economic and Social Assistance Fund (FAES) |
1) Urban
| Recipient(s): | Households with a female head of household with a productive and/or commercial activity residing in urban areas |
| Recipient of the transfer: | Mother |
| Comments: | The credit is granted for a period of 6 to 12 months; the annual interest rate is 6%. |
| Description: | Microcredits between 5000 and 25.000 Gourdes |
2) Rural
| Recipient(s): | Female-headed households with a productive and/or commercial activity residing in rural areas |
| Recipient of the transfer: | Mother |
| Comments: | The credit is granted for a maximum period of 6 months; the annual interest rate is 6%. |
| Description: | Microcredit of 5,000 Gourdes |
