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Expansion of IFC Business Edge in garment sector
29
Oct '10
IFC, a member of the World Bank Group, and its local training partner Société Financière Haïtienne de Développement S.A., or SOFIHDES, have expanded the availability of IFC Business Edge in Haiti, bringing the specialized management and skills training program for the first time to microentrepreneurs outside of Port-au-Prince.

The program reached 70 participants in the Institut National pour le Développement et la Promotion de la Couture, or INDEPCO, value chain, the largest network of microentrepreneurs in Haiti's garment sector, with 600 workshops in 32 cities throughout the country. Business Edge is expected to strengthen these businesses' internal structures and help them grow, creating employment opportunities and promoting economic growth in the country.

“Deepening partnerships to promote small business development is an important priority in Haiti. IFC is working with donors and partners to help small businesses get back on track, as they have a key role to play in making a more sustainable contribution to the local economy,” said Ary Naim, IFC Country Representative for the Dominican Republic and Haiti.

IFC Business Edge offers high-quality training tools from the global market, tailored to meet local needs, helping small businesses improve their efficiency and profitability. Since the program was launched in Haiti in 2009, it has reached more than 700 participants.

Jean-Robert Elvéus, a Business Edge participant from Saint Marc said: “This training helped me understand what an effective manager really is. Now I know I must communicate, approach my staff, make them understand that we are equal.”

“Business Edge training is significantly different from others. It is more practical, and more democratic. It is also important to highlight the expertise of the trainer,” added Philogène Mesac, another participant from Gonaïves and Désir Orius from Cap Haïtien.

IFC responded quickly in the aftermath of the earthquake that struck Haiti last January, making available $49.6 million for nine projects. IFC is committed to assist in the reconstruction of Haiti and boost growth through investments and advisory services in priority areas such as infrastructure, telecommunications, tourism, and finance.

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. We create opportunity for people to escape poverty and improve their lives.

IFC, member of World Bank Group

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