Information Document: The Microfinance Sector in Haiti
- The microfinance sector in Haiti has evolved from informal lending to formalized institutions since 1946.
- The BRH plays a key role in regulating and supervising the microfinance sector to ensure its stability.
- There are three main types of microfinance institutions in Haiti: cooperatives, non-cooperatives, and solidarity groups.
- Microfinance institutions provide financial services to a significant portion of the population excluded from the formal banking system.
- The regulatory framework for microfinance is undergoing revisions to improve its effectiveness and coverage.
This information document examines the microfinance sector in Haiti, detailing its evolution from informal community-based lending to formalized institutions. It outlines the regulatory environment established by the Banque de la République d'Haïti (BRH) to supervise and promote the sector's stability. The document also identifies the different types of microfinance institutions operating in Haiti, including cooperatives, non-cooperative organizations, and solidarity groups, and discusses their respective roles in providing financial services to low-income populations and fostering economic development.
How to cite
Bank of the Republic of Haiti (BRH), 2018, Information Document: The Microfinance Sector in Haiti, https://www.brh.ht/wp-content/uploads/2018/08/doc_info4.pdf