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Private Sector Jobs and Economic Transformation (PSJET)

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

Objective

Contribute to labor demand by supporting MSMEs and value chains resilience and growth through improved business development services and access to financial resources

As published by World Bank Projects, in its original language.

Description

The development objective of the Private Sector Jobs and Economic Transformation Project for Haiti is to contribute to labor demand by supporting micro, small, and medium enterprises (MSMEs) and value chains resilience and growth through improved business development services and access to financial resources. The project comprises of four components. The first component, investing in MSMEs and value chains resilience and growth will provide business development services (BDS) and matching grants that can be used to finance investments and working capital to individual as well as groups of viable beneficiary firms. The second component, improving access to finance for MSMEs will finance the provision of a partial credit guarantee (PCG) and a line of credit (LoC) to participating financial institutions

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(PFIs). The third component is enhancing strategy, coordination, project management, and impact evaluation. The fourth component, contingent emergency response component (CERC) will draw from the uncommitted credit resources under the project from other project components, to cover emergency response.

Partner
World Bank Group, IDA
Sector
Finance and private sector
Stage
Under way since September 28, 2021
Approval
September 28, 2021
Closing
May 31, 2027
Instrument
IBRD/IDA financing, IDA
Undisbursed gap
2.6: the IDA statement values undisbursed credits in special drawing rights at the current exchange rate
Borrower
Republic of Haiti
Implementing agency
Ministry of the Economy and Finance
Effectiveness
December 15, 2021
Departments
Sud-Est, Sud, Ouest, Artibonite
Last transaction
September 30, 2026
Operation ID
P173743
Life cycle3 stages, 13 dates

Stage history

StageFrom
PlannedSeptember 18, 2020
ApprovedSeptember 28, 2021
Under waySeptember 28, 2021

Dated events

EventDateSource
Concept reviewSeptember 18, 2020World Bank Projects
DisclosureSeptember 18, 2020World Bank Projects
Planned startNovember 30, 2020IATI
AppraisalJanuary 28, 2021World Bank Projects
NegotiationApril 22, 2021World Bank Projects
Actual startSeptember 28, 2021IATI
ApprovalSeptember 28, 2021World Bank Projects
First commitmentSeptember 28, 2021Transactions
EffectivenessDecember 15, 2021World Bank Projects
First disbursementJuly 31, 2022Transactions
Last disbursementSeptember 30, 2026Transactions
Closing dateMay 31, 2027IATI
Completion report dueNovember 30, 2027World Bank Projects

Undisbursed: US$23.5 million on September 30, 2026, with closing on May 31, 2027. Disbursed in FY2025-26: US$4.8 million.

Financing

Table 1.Financing, US$ millions

FinancierAmountUS$ millionsRoleSource
IDA Grant50.4InstitutionWorld Bank Projects

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

This pageUS$ millionsSourceIATIUS$ millions
Commitment51.4IDA Statement of Credits and Grants69.6
Disbursed25.3IDA Statement of Credits and Grants24.4
Undisbursed23.5IDA Statement of Credits and Grants
Total cost105.0World Bank Projects

World Bank amounts. Approved: Net commitment, the amount approved less cancellations, in US$ at the data date. Disbursed to date: The disbursements of the IDA statement and the Projects API to date, in US$. Undisbursed: The undisbursed balance the IDA statement publishes, in US$ at the data date. IATI column: the commitments and disbursements the partner reports to IATI, converted to US$. Amounts by source

Changes to the operation0 extensions, at least 1 restructuring, emergency component included
Original closing date
May 31, 2027
Closing date extensions
0
Restructurings
at least 1
Emergency component
Contingent emergency response component included (document of June 17, 2026) document

New commitments and disbursements by fiscal year

Disbursements, US$ millions
FY2020-21, not reportedn.r.20-21FY2021-22, US$0.2 million0.221-22FY2022-23, US$2.6 million322-23FY2023-24, US$2.0 million223-24FY2024-25, US$15.5 million1624-25FY2025-26, US$4.8 million525-26FY2020-21, not reportedn.r.20-21FY2021-22, US$0.2 million0.221-22FY2022-23, US$2.6 million322-23FY2023-24, US$2.0 million223-24FY2024-25, US$15.5 million1624-25FY2025-26, US$4.8 million525-26

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

FY2020-21US$ millionsFY2021-22US$ millionsFY2022-23US$ millionsFY2023-24US$ millionsFY2024-25US$ millionsFY2025-26US$ millions
New commitments75.0Not reportedNot reportedNot reported−5.8−17.9
DisbursementsNot reported0.22.62.015.54.8
Cumulative disbursementsNot reported0.22.94.920.425.3

Records and documents

Transactions27 records, September 28, 2021 to September 30, 2026

Table 4.Transactions, US$ millions

DateMeasureAmountUS$ millionsSourceMethod
September 28, 2021Commitment75.0IDA Statement of Credits and Grantscredit original principal at board approval
April 30, 2025Commitment−5.8IDA Statement of Credits and Grantscancellation: increase in cumulative cancelled amount between snapshots (non-USD credit: includes exchange revaluation)
September 30, 2026Commitment−17.9IDA Statement of Credits and Grantscancellation: increase in cumulative cancelled amount between snapshots (non-USD credit: includes exchange revaluation)
July 31, 2022Disbursements0.2IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
October 31, 2022Disbursements0.9IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
March 31, 2023Disbursements0.6IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
April 30, 2023Disbursements<0.1IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
July 31, 2023Disbursements1.1IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
December 31, 2023Disbursements0.8IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
February 29, 2024Disbursements0.5IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
May 31, 2024Disbursements0.5IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
June 30, 2024Disbursements0.2IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
August 31, 2024Disbursements0.1IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
December 31, 2024Disbursements10.2IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
January 31, 2025Disbursements0.6IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
February 28, 2025Disbursements1.3IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
March 31, 2025Disbursements0.2IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
May 31, 2025Disbursements0.2IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
June 30, 2025Disbursements0.3IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
August 31, 2025Disbursements0.7IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
September 30, 2025Disbursements2.0IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
February 28, 2026Disbursements1.5IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
March 31, 2026Disbursements0.4IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
April 30, 2026Disbursements0.6IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
June 30, 2026Disbursements1.5IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
July 31, 2026Disbursements0.6IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
September 30, 2026Disbursements0.3IDA Statement of Credits and Grantsdifference of cumulative snapshots (non-USD credit: includes exchange revaluation)
Terms5 of 6 reported
Finance type
110 Standard grant
Flow type
Not reported
Aid type
C01 Project-type interventions
Tied status
5 Untied
Collaboration type
2 Multilateral inflows
Humanitarian
Yes
Policy markers2 policy markers
Policy markerSignificanceSource
EP-2020-000012-001Not reportedIATI
HCOVD20Not reportedIATI
Locations4 departments, 5 places named, 10 places with coordinates
DepartmentsSud-Est, Sud, Ouest, Artibonite
Places named by the sourceDepartement de l'Artibonite, Departement de l'Ouest, Republic of Haiti, Sud, Sud-Est
Places with coordinates10
Results indicators23 indicators
IndicatorBaselineTargetLatest valueDate of latest value
Among which to first time borrowers0.005000000.000.00November 30, 2023
Among which to first time women borrowers0.002500000.000.00November 30, 2023
Anti-competitive practices and regulations removed0.002.000.00November 30, 2023
Business regulations reformed0.003.000.00November 30, 2023
Firms benefiting from private sector initiatives0.00550.000.00November 30, 2023
Modules of FDI institutional development plan fully implemented0.004.000.00November 30, 2023
Of which women-owned/managed0.000.00Not reportedNot reported
Private capital mobilized by PFIs through the project PCG0.0030000000.000.00November 30, 2023
Stakeholder engagement meetings held that directly involved project beneficiaries and discussed beneficiary inputs regarding project implementation0.007.000.00November 30, 2023
Value of grants to beneficiary firms used for climate change adaptation0.003000000.000.00November 30, 2023
Value of loans provided by PFIs through the project LoC0.0021000000.000.00November 30, 2023
Value of loans provided by PFIs through the project for investment in climate change mitigation0.0025000000.000.00November 30, 2023
Increased investment by supported firms0.0028,000,0002454166.11Not reported
Share of supported MSMEs that increase employment0.0025.000.00November 30, 2023
Firms benefiting from business development services0.002000.00900Not reported
No of cluster initiatives that are supported by the collective window030Not reported
Private capital mobilized by PFIs through the project PPCGs0.0030,000,000880484.15Not reported
Value of Sub-loans provided by PFIs through the project LoC0.0013,000,000782068.81Not reported
Value of grants awarded to beneficiary firms0.0010,000,0003,442,600Not reported
Value of grants received by beneficiary firms010,000,0001101320.12Not reported
Increased investment by supported firms to improve climate change adaptation and mitigation in value chains0.0028000000.000.00November 30, 2023
Of which women-owned or managed0.0030.00Not reportedNot reported
Share of MSMEs impacted by COVID-19 receiving a grant that survive at project closing0.0050.000.00November 30, 2023
Ratings6 ratings
RatingValueDate
ISR Financial ManagementModerately UnsatisfactoryJune 17, 2026
ISR Monitoring and EvaluationModerately SatisfactoryJune 17, 2026
ISR Overall Implementation Progress (IP)Moderately UnsatisfactoryJune 17, 2026
ISR ProcurementModerately SatisfactoryJune 17, 2026
ISR Progress towards achievement of PDOModerately UnsatisfactoryJune 17, 2026
ISR Project ManagementModerately UnsatisfactoryJune 17, 2026
Contract awards9 awards
SupplierDateMethodAmount
Name not shownOctober 15, 2025CDS140,000 USD
Name not shownJanuary 21, 2025INDV875,000 HTG
Agriconsulting Europe S.A. (AESA)October 24, 2024QBS1,886,500 USD
DIDOctober 18, 2024QCBS2,000,000 USD
ADB Standard TechnologyAugust 5, 2024DIR50,000 USD
Name not shownJuly 29, 2024INDV300,000 HTG
A2F ConsultingApril 24, 2024QCBS2,275,000 USD
Pan American Devel. Foundation-PADFDecember 18, 2023QCBS7,383,871.24 USD
DAVE Grace & AssociatesOctober 24, 2023QCBS635,119 USD
Funds passed on24 transactions
ReceiverTransactionDateUS$ millions
Ministry of the Economy and FinanceDisbursementJune 30, 20261.5
Ministry of the Economy and FinanceDisbursementApril 30, 20260.6
Ministry of the Economy and FinanceDisbursementMarch 31, 20260.4
Ministry of the Economy and FinanceDisbursementFebruary 28, 20261.5
Ministry of the Economy and FinanceDisbursementSeptember 30, 20252.0
Ministry of the Economy and FinanceDisbursementAugust 31, 20250.7
Ministry of the Economy and FinanceDisbursementJune 30, 20250.3
Ministry of the Economy and FinanceDisbursementMay 31, 20250.2
Ministry of the Economy and FinanceCommitmentApril 30, 2025−5.4
Ministry of the Economy and FinanceDisbursementMarch 31, 20250.2
Ministry of the Economy and FinanceDisbursementFebruary 28, 20251.3
Ministry of the Economy and FinanceDisbursementJanuary 31, 20250.6
Ministry of the Economy and FinanceDisbursementDecember 31, 202410.2
Ministry of the Economy and FinanceDisbursementAugust 31, 20240.1
Ministry of the Economy and FinanceDisbursementJune 30, 20240.2
Ministry of the Economy and FinanceDisbursementMay 31, 20240.5
Ministry of the Economy and FinanceDisbursementFebruary 29, 20240.5
Ministry of the Economy and FinanceDisbursementDecember 31, 20230.8
Ministry of the Economy and FinanceDisbursementJuly 31, 20231.1
Ministry of the Economy and FinanceDisbursementApril 30, 2023<0.1
Ministry of the Economy and FinanceDisbursementMarch 31, 20230.6
Ministry of the Economy and FinanceDisbursementOctober 31, 20220.9
Ministry of the Economy and FinanceDisbursementJuly 31, 20220.2
Ministry of the Economy and FinanceCommitmentSeptember 30, 202175.0
Identifiers5 identifiers
SystemIdentifierSource
IATI identifier44000-P173743IATI
IDA credit or grantIDAD8750IDA Statement of Credits and Grants
Public investment program line1112-1-12-52-32Public investment program
World Bank loanIDA-D8750World Bank Projects
World Bank projectP173743Operation record
Where sources differ1 field
FieldSourceValueUsed
CommitmentIDA Statement of Credits and GrantsUS$51.4 million✓
CommitmentIATIUS$69.6 million
CommitmentWorld Bank ProjectsUS$50.4 million
Partner documents61 documents
Procurement notices (2)

Sources

Data as of October 18, 2026
SourceRead on
IATIOctober 18, 2026
IATIOctober 18, 2026
IDA Statement of Credits and GrantsOctober 18, 2026
Public investment programOctober 18, 2026
World Bank procurement noticesOctober 18, 2026
World Bank ProjectsOctober 18, 2026
World Bank documentsOctober 18, 2026
Cite this page

HaitiDocs. Private Sector Jobs and Economic Transformation (PSJET). Partner portfolio, data as of October 18, 2026. https://www.haitidocs.org/portfolio/projects/WB%3AP173743