Home / Knowledge / News / Apparel/Garments / Expansion of IFC Business Edge in garment sector
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


Must ReadView All

Chinese firm sets up garment production chain in Vietnam

Apparel/Garments | On 13th Dec 2017

Chinese firm sets up garment production chain in Vietnam

Worldon Vietnam Co. Ltd under the Chinese Shenzhou Group is likely to ...

Courtesy: SATO Global Solutions

Information Technology | On 13th Dec 2017

Sensor networks improve inventory management

Sensor networks like radio frequency identification (RFID) and smart...

Courtesy: ABARES

Textiles | On 13th Dec 2017

Australian cotton production to grow 4% in 2017-18: ABARES

Cotton production in Australia is forecast to rise by 4 per cent to...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search