USAID launched the Local Enterprise and Value Chain Enhancement (LEVE) pro-ject to increase food and economic security. LEVE is designed to create jobs in target industries/sectors in the Port-au-Prince, Saint-Marc, and Cap-Haïtien de-velopment corridors by creating more inclusive and productive value chains. The “value chain approach” is an innovative economic tool that views a market system from input suppliers to end market buyers in its totality, improving compet-itiveness and growth potential.
Haiti’s private sector is an essential contributor to the country’s long-term economic development and vitality. The Haitian economy continues to be primarily driven by small- and medium-sized enterprises (SMEs), which have the potential to be strong engines of economic growth and create thousands of new jobs. However, SMEs have difficulties accessing financing, and are thus limited in their ability to grow. To address this challenge, USAID’s Leveraging Effective Application of Direct Investments project (LEAD) aims to attract investments in Haitian SMEs and increase the development impact of remittances.
Through the Development Credit Authority (DCA), USAID provides partial credit guarantees to mobilize local financing in developing countries. Guarantee agreements encourage private lenders to extend financing to underserved borrowers in new sectors and regions. USAID/Afghanistan has two DCA activities: a $13.75 million Portable Guarantee for three microfinance institutions (MFIs), FINCA Afghanistan, OXUS Afghanistan, and First MicroFinance Bank Afghanistan, and a $10.3 million Loan Portfolio Guarantee with Afghanistan International Bank (AIB).
December 31, 2014
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Opportunity Banka Srbija (OBS) je lokalna banka koja nudi mikro, poljoprivredne i kredite malim i srednjim preduzećima i to klijentima koji obično nemaju pristup finansijskim uslugama tradicionalnih banaka. Klijenti su obično iz polu-urbanih i ruralnih oblasti Srbije. Banka se specijalizovala za kredite domaćinstvima i poljoprivrednom sektoru.
Opportunity Bank Serbia (OBS) is a community bank that provides micro, rural, agro and small and medium-enterprise (SME) lending to clients that cannot ordinarily access financial services from traditional banks. Clients are typically from semi-urban and rural areas of Serbia. The bank specializes in loans to dual-income cottage industries and the agricultural sector.
Last updated: January 05, 2015