Visiting consultant reviews micro finance project
A consultant with a New York-based international development consulting firm visited Jamaica earlier this month to conduct a review of the Caribbean Microfinance Capacity Building Project (Carib-Cap III).
Professor Rodolfo Quiros of EAC Consultants met with a number of local micro financing institutions (MFIs) during his December 1-6 visit.
Carib-Cap III is designed to assist microfinance institutions in the Caribbean and Central America and is co-ordinated by the Inter-American Development Bank (IDB).
EAC Consultants is dedicated to supporting initiatives that facilitate access to finance, markets and social protection for low-income segments of the world’s population.
Professor Quiros has been a consultant in a number of Latin American countries for a multiplicity of international organisations, including the World Bank and the Food and Agriculture Organisation of the United Nations.
Under phases one to three of the Carib-Cap programme, the Caribbean Microfinance Alliance and its members received financing from the IDB, the Multilateral Investment Fund, the Caribbean Development Bank and the European Commission, to strengthen their technical and financial capabilities.
The project also targeted MFIs in The Bahamas, Barbados, Belize, Guyana, Suriname, Trinidad and Tobago and those within the Organisation of Eastern Caribbean States. It was managed by a consortium of consulting firms including Development Options Limited of Jamaica, and Triodos Facet V Company of The Netherlands.