Micro and Small Enterprise Development

’Micro and Small Enterprise Development’ Archive

Caribbean Microfinance Capacity Building Project II (CARIB CAP II)

Posted on: January 8th, 2015 by Melissa Johnson

The Caribbean Microfinance Capacity Building Project II (CARIB CAP II ) provides institutional capacity building for thirteen (13) Caribbean Microfinancial Institutions (MFIs), and consolidates the Caribbean Micro Finance Alliance as an organisation providing services to the microfinance sector in the English-speaking Caribbean. The project supports improved knowledge sharing and dissemination about the industry across the region.

Boo

 Historically, microfinance institutions (MFIs) in the English-speaking Caribbean have not performed well and have been institutionally weak compared to their counterparts in the rest of the region. In recognition of these challenges, in 2008 the Multilateral Investment Fund, the European Union and the Caribbean Development Bank came together in a historic partnership in microfinance to provide funding to MFIs in the English-speaking Caribbean in a regional programme – the Caribbean Microfinance Capacity Building Programme (CARIB-CAP). That project which was completed in 2011, aimed to improve the financial performance and outreach of MFIs in the region. CARIB CAP II is a continuation that is aimed at building on those achievements to create a knowledge-sharing ecosystem across the Caribbean.

Development Options served as manager for both programmes, spearheading initiatives such as the Caribbean Microfinance Forum to build regional knowledge sharing among practitioners.

 

Project Partners: CARIB CAP II is jointly funded by the Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB ), the European Union (EU), Caribbean Development Bank (CDB) and Citi Foundation

Rural Economic Development Initiative (REDI)

Posted on: January 2nd, 2015 by Melissa Johnson No Comments

The Jamaica Social Investment Fund’s (JSIF)  Rural Economic Development Initiative (REDI) Project, funded by the World Bank, aims to improve market access for micro and small- scale rural agricultural producers, tourism product and service providers. This is facilitated specifically through the provision of grant funds to rural community based organisations for the development and enhancement of agricultural supply chain linkages and community based tourism initiatives.

2014-12-12 11.52.30

JSIF/ REDI has three main elements:

Pre- Feasibility Assessment – to prepare  pre- feasibility assessments on the technical, organisational and financial viability of proposed business ideas submitted by applying community groups

Business Plan Preparation- to prepare business plans for 8 community organisations in St. Ann, Manchester and St. Elizabeth that will be undertaking the growing of greenhouse vegetables.

Business Advisory Service and Mentorship – to provide business advisory support and mentorship in ensuring that the businesses are operationalised as per approved business plan.

Development Options developed business plans for community groups in 2014, and is now providing capacity building support services to   clients as they commence their agricultural enterprises.

mp3 database pdf database mp3 database pdf database