business

PROPARCO provides a line of credit to ACME, a Haitian microfinance institution

To support the growth of ACME’s portfolio, PROPARCO signed a credit line in gourdes, equivalent to 3 million euros with the Haitian microfinance institution.The signing ceremony took place on December 6, 2013 in the presence of Patrick Nicoloso, Ambassador of France in Haiti, Josseline C. Féthière, Chair of the Board, Sinior Raymond, ACME’s CEO and Bénédicte Gazon, Director of AFD in Haiti and ACME.

Le Nouvelliste
Par Le Nouvelliste
13 déc. 2013 | Lecture : 2 min.
According to the Global Findex study, 12% of Haitians over 15 years of age received a loan from a financial institution and 26% saved in a financial institution in 2011. Access to financial services and increased penetration of microfinance remains a major development challenge in Haiti. With outstanding loans of approximately 17 million euros and more than 34,000 customers, ACME is one of the leading institutions in the microfinance market in Haiti. By its action, it contributes significantly to the development of financial inclusion in urban

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