Data / Partner portfolio / IDB Group / IDB Lab

Institutional Strengthening to Sogebank

US$ millions unless stated. Haitian fiscal year, October to September. FY2026-27 began October 1, 2026.

Objective

The objective of the project is to strengthen the institutional capacity la Société Général Haitienne de Banque S.A. (SOGEBANK) to design, establish and profitably operate an affiliated company which specializes in lending to small and microentrepreneurs. The project will allow SOGEBANK to carry out the needed studies to design the new lending operation, acquire the appropriate technology, install a specialized management information system, and obtain technical management assistance in microfinance, all of which will be installed in the new company to be created. The principal activities that SOGEBANK will carry out during the next twelve to 18 months include: a. Hire consultants to assist in the preparation of a market study and strategic plan for the establishment of a microcredit lending company of which SOCEBANK is a major shareholder. b. Send key SOGEBANK management staff for exchange visits to other Latin American commercial microfinance institutions to gain a better understanding of the critical issues in microfinance operations. c. Obtain technical assistance in the design and set-up of operations of the company, including at least two microlending offices in the first two years. This will include capital and ownership structure, operational structure, product design, procedures, staff selection and training, and information systems. d. Research, select, purchase and install an appropriate Management Information System (MIS) which will permit full and efficient automatization of all lending operations. e. Hire and train management and credit officers in optimum credit technology and procedures to efficiently reach the micro and small enterprise sectors. f. Purchase and install necessary equipment (motorcycles, office equipment, computers) for full operation of lending offices. g. Begin microlending operations in one office in the first year, and open a second office in the second year.

As published by IDB projects dataset, in its original language.

Partner

IDB Group, IDB Lab

Sector

Finance and private sector

Stage

Closed

Approval

January 4, 1999

Closing

Not reported

Instrument

Technical cooperation, Non-Sovereign Guaranteed

Effectiveness

Not reported

Last transaction

January 4, 1999

Operation ID

TC9810020

Financing

Table 1.Financing, US$ millions

Table 2.Position at the data date by source (stocks), US$ millions

Each amount is given as the source publishes it, converted to US$. Amounts by source

New commitments and disbursements by fiscal year

Table 3.New commitments and disbursements by fiscal year (flows), US$ millions

Records and documents

Partner documents

No document is listed for this operation.

Sources

• IDB project page: terms of use set by the publisher
• Transactions: terms of use set by the publisher
• Operation record: terms of use set by the publisher