The proposed transaction consists of an unsecured senior loan to SOFIHDES ("SOFIHDES" or the "FI") denominated in US Dollars ("US$") for up to US$3 million, to be funded by IDB Invest as administrator of the Haiti SME Development Fund, with a tenor of up to three years (the "Project") and a 12 month grace period on the repayment of principal. The purpose of the Project is to grant financing to SOFIHDES to on-lend to small and medium-sized enterprises ("SMEs").
Client Contact Name: Thony Moise
Title: General Manager
Telephone: (509) 2813-0903
ACCOUNTABILITY MECHANISM OF IADB
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).