IFC is helping a new water distribution company build a network of water treatment kiosks to provide underserved Haitian communities with access to affordable, safe drinking water while also creating job opportunities.
World Bank President Jim Yong Kim and IFC CEO Jin-Yong Cai's visit to Haiti highlighted IFC's work in the country with companies like the Codevi industrial park (pictured), E-Power, Vietnamese telecom Viettel, and the Leopard capital fund.
Haiti’s needs were urgent. IFC’s response was swift. In the wake of the devastating earthquake that struck the country in January 2010, IFC quickly approved and made available a $35 million emergency investment program.
IFC’s strategy in Haiti focuses on catalyzing private sector development through an integrated approach providing investments and advisory services. We are expanding our activities in Haiti and opened a local office in 2008. Since 2006, IFC has invested a total of $131.8 million for investments, including $42 million in mobilization.*
IFC aims to increase access to finance for micro, small, and medium enterprises (MSMEs), to facilitate private sector participation in infrastructure development, and to leverage donor support to strengthen the investment climate. IFC’s programs in Haiti encourage human capital development, emphasizing training and basic business skills.
In response to the devastating earthquake of January 2010, IFC quickly approved and made available a $35 million emergency investment program to help private companies get back to business, reestablish critical services, and create and preserve jobs. Learn more...
Among its many projects in the country, IFC has worked with SOFIHDES, a private development finance corporation, to provide Business Edge management training to entrepreneurs and SME owners in Haiti. By partnering with SOFIHDES, IFC has been able to develop a market for small business management training and help more than 2,700 SME owners rebuild their businesses following the 2010 earthquake. Learn more...
*As of October 1, 2013
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