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THE MIF IN HAITI

Since 1995, the MIF has had a continued and highly-active presence in Haiti, helping improve access to finance, markets, and capabilities for micro, small and medium enterprises and low income populations. Along the way, we have developed local knowledge and strong relationships with experienced local partners from civil society, corporations, and government.

This on-the-ground knowledge has been fundamental to fostering investment in Haiti, as donors have been able to rely on the MIF’s proven record to efficiently channel funding to local partners in the country.

Immediately following the earthquake in January 2010, the MIF put into place an emergency spending program (HESAR), investing US$3 million in grants to 16 of the MIF local partners who were severely affected by the earthquake. The purpose of the emergency program was to enable these local partners to resume operations and restart business services to their 338,000 clients and beneficiaries. Within eight months, all local partners had succeeded in resuming economic activity due to the HESAR Program.

The MIF quadrupled the rate of approval of new projects in Haiti in 2010 and 2011, demonstrating a long-term commitment to private sector development in the country. Furthermore, the rate of disbursement to local partners reached a record-breaking high, at US$5 million in 2011 alone. As Haiti moves forward, the MIF remains steadfast in its commitment to the Haitian people, working with our partners to improve conditions on the ground and allocate resources for those who need them the most.

 

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HESAR PROGRAM

The Haiti Emergency Spending Allocation Request (HESAR) is a $3 million emergency program established by the MIF immediately after the 2010 earthquake that devastated Haiti, to help 16 local partners in all 10 departments get back in business by restoring their ability to provide services for 338,000 clients and beneficiaries.

Through a well-designed, comprehensive approach, all institutions receiving HESAR support describe it as essential to resuming operations. These are some of their stories.

Download the report.
 

PROJECTS

Agribusiness: Mango as an opportunity for long-term economic growth

Microfinance: Expansion of financial services to secondary cities

Job Skills: Improving economic opportunities of vulnerable youth in Haiti

Sustainable Tourism: Developing the North Department as a Tourism Destination

More Projects >
 

PRESS RELEASE

France’s AFD, IDB’s FOMIN fund project to boost Haitian coffee production. With additional contributions from Colombia and Nestlé. 10 January 2012

Haiti investment forum draws hundreds of businesspeople. More than 800 businesspeople and government officials took part in the Invest in Haiti Forum highlighting the importance of private sector. 29 November 2011

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HAITI HOPE PROJECT

The Haiti Hope Project is a five-year, $9.5 million public-private partnership designed to create sustainable economic opportunities for Haitian mango farmers and their families.

It is comprised of the MIF, The Coca-Cola Company; the U.S. Agency for International Development (USAID); and TechnoServe. The Project is also supported by the Clinton Bush Haiti Fund, the Soros Economic Development Fund, and other international and local organizations.

Download the factsheet

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PARTNER STORIES

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