Data / Partner portfolio / World Bank Group / IFC

SLGP RSF Sogesol

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

Objective

The project is expected to have strong development impact in terms of: (1) supporting the growth of the productive sectors of the Haitian economy by expanding and increasing access to finance to small enterprises. The SME finance forum estimated that the total credit gap in Haiti amounts to almost US$2.5 billion, with 49% of MSMEs reporting that they are either under or unserved by financial institutions. (2) promoting growth in agribusiness, a key economic sector representing 22% of GDP. It is estimated that only 28% of farmers have bank accounts and 19% received a credit for agricultural purposes. (3) strengthening the Haitian financial sector's competitiveness through capacity building, demonstration and replication channels.

As published by IFC Finances One, in its original language.

Description

The proposed project consists of an up to US$ 5 million equivalent risk sharing facility ('RSF') with Société Générale de Solidarité S.A. (Sogesol) on a portfolio of up to US$10 million equivalent. The project will support Sogesol in increasing its lending to small enterprises in the country, including agri-enterprises in Haiti. The project is part of IFC’s Small Loan Guarantee Program which provides risk sharing instruments to client financial institutions looking to expand SME lending in difficult to serve markets. SLGP is supported by the IDA18 IFC-MIGA Private Sector Window’s Blended Finance Facility (PSW-BFF), which was created by the Word Bank Group to catalyse private sector investment in IDA countries, with a focus on fragile and conflict-affected states. PSW BFF

Partner

World Bank Group, IFC

Sector

Finance and private sector

Stage

Closed, last transaction March 24, 2021Recorded as active with no closing date; the last transaction is dated March 24, 2021.

Approval

April 12, 2018

Closing

Not reported

Instrument

Guarantee, Guarantee

Effectiveness

August 3, 2026

Last transaction

April 12, 2018

Operation ID

42221

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$. IATI column: the commitments and disbursements the partner reports to IATI, converted to US$. Amounts by source

This page uses IFC Finances One for the commitment and IATI for disbursements.

New commitments and disbursements by fiscal year

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

Records and documents

Partner documents

• See Environmental and Social Management System (ESMS) summary tab., disclosures.ifc.org
• Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project, disclosures.ifc.org
• Summary of Investment Information, disclosures.ifc.org

Sources

• IATI record (d-portal): terms of use set by the publisher
• IATI: terms of use set by the publisher
• IFC 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