Grants and Contributions:

Title:
Agriculture Finance and Insurance System in Haiti
Agreement Number:
5007056671 P000172001
Agreement Value:
$19,000,000.00
Agreement Date:
May 6, 2011 - Jun 30, 2019
Description:
This project aims to increase food security by improving the profitability of Haiti's agriculture sector. It supports an agricultural credit financing and insurance system that encourages commercial and co-operative banks to lend to viable agricultural enterprises and help farmers manage risk and uncertainty. It also helps the Government of Haiti and Haitian financial institutions build the legislative and regulatory framework needed to manage a system of credit and insurance services for small and medium agricultural producers. The project is implemented by a consortium led by Développement international Desjardins that includes the Financière agricole du Québec (Développement international) and the Inter-American Institute for Cooperation on Agriculture.
Organization:
Global Affairs Canada
Expected Results:

Among the results achieved as of March 2018: 1) In agricultural credit: i) Improved national coverage of financial institutions (FIs), with 60 service points in 10 departments supporting 5 FIs; ii) Increase in agricultural financing by FIs, from 1.8% (in 2016) to 3.19% (in 2017); iii) 69,268 agricultural entrepreneurs had a formative experience in credit, and FI’s had 16,086 active borrowers (27.5% of them women); 2) Farm insurance: percentage insured rose from 11.2% to 30.7 %. This represents an increase of 3,592 persons in total by the end of 2017 (35% women); 3) Institutional support: the Ministry of Agriculture and stakeholders better meet the needs of the agricultural sector while incorporating gender equality considerations: i) 3,029 agricultural entrepreneurs received technical support (15% women); ii) 5,757 agricultural entrepreneurs received training from advisers (58.4% women), with 35% of them being supported by advisers and obtaining credit; iii) 17 advisers have been deployed and are offering consulting services; iv) 4 advisers have been trained by the project.

Location:
Lévis, Quebec, CA G6V 6P8
Reference Number:
064-2020-2021-Q3-00431
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
104905757
Recipient Type:
Not-for-profit organization or charity
Additional Information:

Belated reporting that should have been included in the 2018-2019 3rd Quarter report: Replacement of FADQDI by SOCODEVI as a member of the consortium.

Amendment Date
Dec 11, 2018
Recipient's Legal Name:
Consortium DID-FADQDI
Federal Riding Name:
Bellechasse--Les Etchemins--Lévis
Federal Riding Number:
24010
Program:
International Development Assistance Program
Program Purpose:

The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.

Amendments: