US$2.7 million in funds for Caribbean microfinanciers - Caribbean360: "Fifteen microfinance institutions in the Caribbean to take part in capacity building program backed by MIF and partners.
BRIDGETOWN, Barbados, Thursday, September 20, 2012 - A US$2.7 million technical cooperation program is to provide individualized capacity-building training to 15 microfinance institutions in the Caribbean from the end of this month.
Carib-Cap II, as the programme is known, will build on the successes of Carib-Cap I through facilitating new client outreach and improved financial performance among 15 microfinance institutions in The Bahamas, Belize, Guyana, Jamaica, Suriname, St. Lucia, Trinidad and Tobago.
Carib-Cap II is the second phase of the regional Microfinance Capacity-Building Project for the English-speaking Caribbean, a program aimed at helping the region develop its microfinance industry.
Carib-Cap II will be launched on September 30 during the Caribbean Microfinance Forum IV in Bridgetown, Barbados.
The program is a joint effort by the Multilateral Investment Fund, member of the Inter-American Development Bank Group, the Caribbean Development Bank, the European Commission and Citi Foundation"
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