Home / Knowledge / News / OECS countries to benefit from IDB microfinance project
OECS countries to benefit from IDB microfinance project
01
Feb '08
The Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) approved a US$1.9 million grant to further the development of the microfinance industry in the Caribbean.

The specific objective of the grant is to implement a capacity-building project that will enable the Caribbean microfinance institutions (MFIs) to improve financial performance and outreach.

The operation includes five key components: performance assessments, implementation of capacity-building plans, good practice incentive award, strengthening of the capacity of the Caribbean Microfinance Network, and dissemination of lessons learned.

This project is co-financed by the European Commission through the African Caribbean and Pacific (ACP) Microfinance Project, and by the Caribbean Development Bank (CDB). Bahamas, Belize, Jamaica, Barbados, Trinidad & Tobago, Suriname, Guyana and the Organization of the Eastern Caribbean States (OECS) countries will benefit from this project.

The MIF, an autonomous fund administered by the IDB, promotes development of micro- and small enterprise in Latin America and the Caribbean.

Inter-American Development Bank

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Larry L Kinn
Suominen Corporation

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra
Huemn

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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