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

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sonam & Paras Modi
SVA

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search